12.04.2016 - Abu Dhabi fund IPIC says it didn't receive billions in payments sent by Malaysia fund 1MDB
The mystery over who controlled a British Virgin Islands-registered company that received $3.5 billion from Malaysia's scandal-tainted state fund 1MDB deepened on Monday when a company in the Middle East with an almost identical name said the BVI firm did not belong to it. Abu Dhabi's sovereign wealth fund, International Petroleum Investment Co. (IPIC), and its subsidiary Aabar Investments PJS said in a joint statement the BVI firm with an almost identical name, Aabar Investments PJS Ltd., "was not an entity within either corporate group."..............................................Full Article: Source
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