| Abu Dhabi's sovereign wealth fund is seeking $6.5 billion from Malaysia's troubled state investment vehicle 1MDB, as it moves to settle a debt dispute through international arbitration.
The fund, International Petroleum Investment Co (IPIC), on Tuesday said it had submitted its request to the London Court of International Arbitration. In April, 1MDB, or 1Malaysia Development Berhad, defaulted on $1.75 billion in company bonds after missing an interest payment of $50 million...............................................Full Article: Source
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