Malaysia Probing Whether China Offered to Bail Out 1MDB

  • WSJ cites minutes from previously undisclosed meetings
  • Malaysia offered China stakes in infrastructure projects: WSJ
Bloomberg’s Stephanie Phang reports on the allegations China offered to help deter investigations into the 1MDB fund.(Source: Bloomberg)
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Malaysia is looking into allegations that China offered to help deter probes into 1MDB in exchange for infrastructure projects, after the Wall Street Journal reported that senior Chinese leaders offered to help bail out the troubled state fund in 2016.