| 1Malaysia Development Berhad (1MDB) is still on track to pay off its RM51 billion (S$17.6 billion) debt pile despite being locked in a dispute with an Abu Dhabi sovereign wealth fund, the state investor's president Arul Kanda Kandasamy said.
1MDB signed a deal with Abu Dhabi's International Petroleum Investment Company (IPIC) in May last year, with the Emirati firm involved in reducing the Malaysian fund's debts by RM17 billion in return for financial assets...............................................Full Article: Source
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