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Report: China to be 1MDB’s new white knight in dispute with IPIC
Published:  Dec 7, 2016 2:28 PM
Updated: 11:56 AM

China will reportedly assist 1MDB in making a repayment to International Petroleum Investment Company (IPIC) amid a US$6.5 billion dispute between the Malaysian and Abu Dhabi state-owned funds.

According to the Financial Times, three people with knowledge of the matter said China was approached as a source of funds for 1MDB.

It added that one source said Malaysia would swap assets for financing.

The claim cannot be independently verified by Malaysiakini.


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