Abu Dhabi Debt Deal to Help Clear Path for Malaysia Election
- Malaysia said to reach agreement with Abu Dhabi over 1MDB spat
- Country must hold general election by around middle of 2018
Malaysia Said to Reach Agreement With Abu Dhabi over 1MDB
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Barely two years after he was engulfed in a scandal over a Malaysia state fund, Prime Minister Najib Razak is set to clear another hurdle to putting the furor behind him and calling an early election.
Malaysia is said to have agreed to pay Abu Dhabi $2.5 billion as a partial debt settlement for 1Malaysia Development Bhd., in a deal that’s expected to be announced on Monday on the London Stock Exchange.