Deals
1MDB Misses $603 Million Payment to Abu Dhabi Sovereign Wealth Fund
- Amount part of $1.2 billion settlement with Abu Dhabi’s IPIC
- 1MDB, IPIC have been in debt tussle for more than a year
1MDB Missed $603M Payment to IPIC
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1Malaysia Development Bhd., the embattled state investment company, said it failed to make a $603 million payment to Abu Dhabi’s sovereign wealth fund because of a delay it faced in receiving the money.