12.10.2016 - Aabar Investments says fully behind Falcon Private Bank after 1MDB sanctions
Abu Dhabi investment firm Aabar Investments said on Tuesday it was fully behind its Falcon Private Bank unit after it was sanctioned in relation to the scandal-hit Malaysian state investment fund 1MDB. "Aabar Investments PJS reconfirms its full commitment and support for the bank," Aabar said in a statement. "Aabar views the bank as a strategic investment and has no current intention to sell." Falcon was fully acquired by Aabar Investments in 2009.............................................Full Article: Source
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