MOF keeps hands off 1MDB-IPIC US$50m dispute
The Ministry of Finance (MOF) is distancing itself from the dispute between 1Malaysia Development Bhd (1MDB) and International Petroleum Investment Company (IPIC) over the US$50 million in interest due on bonds issued by the state investment fund.
Deputy Finance Minister Johari Abdul Ghani opined this was merely a business dispute between the two companies.
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