#ipic

Najib names deputy prime minister of UAE as purchaser of the pink diamond and funder for Red Granite.

Former EPU officer claims all gov't payments came from consolidated funds which may include unused budgets.

Its deputy chief commissioner Azam Baki confirms details revealed by highly-placed sources.

UPDATED 5.14PM | Former Treasury secretary-general is slated to spend the night at the MACC headquarters.

Ex-PM is also expected to face an additional six charges on Thursday, bringing the total to 38.

PARLIAMENT | Ex-PM makes the call as he himself is expected to be charged over the dealing with the Abu Dhabi firm.

MACC probed Najib this month based on statements recorded from the person, a source tells Malaysiakini.

The finance minister's aide chastises Singapore daily on a report that Putrajaya owes Abu Dhabi a debt of RM28.65b.

'We didn't pursue the yacht. We wanted (the) big settlement to be settled first," says ex-PM.

But the 1MDB president had agreed to stay on due to a legal dispute with IPIC, says lawyer.

Najib's administration used money raised from a deal with Khazanah to pay for some of the liabilities of 1MDB.

Wall Street Journal says this contradicts 1MDB's claim it got the money via an 'ongoing rationalisation programme'.

Minister says the opposition is using 'fake news' about the vessel's seizure to garner votes.

PM and 1MDB pleading against High Court order to file defence in suit over IPIC payment.

UPDATED 5.05PM | Judge rules Harapan Youth leaders have locus standi to initiate the suit.  

UPDATED 12.35PM | The second finance minister also passes the buck to the 1MDB chair when asked about the firm's settlement to IPIC. 

Chinese gov't-linked white knight firms reportedly buy land and other assets to finance IPIC repayment.

UPDATED 4.50PM | 1MDB claims that the funds were paid from proceeds from rationalisation programme.

'It is very much the plan to get it paid on or before Dec 31', says a source familiar with the matter.

He will now continue as 1MDB president and CEO even though his tenure was set to end on Dec 31.

YOURSAY | ‘And why are we paying IPIC if we had already paid Aabar BVI?’

 UPDATED 12.47PM | PJ Utara MP asks if MOF extended funds to 1MDB and if taxpayers ended up paying the US$602 million owed.

'IPIC has received the funds required to be paid by Aug 31,' the investment firm tells the London Stock Exchange.     

UPDATED 2.15PM | 1MDB paid half of the US$602m owed on Aug 12, with deadline for balance expiring tomorrow.