Finance Minister II Johari Abdul Ghani said he was not involved in settlement negotiations between 1MDB and Abu Dhabi’s International Petroleum Investment Company (IPIC).

He was asked to respond to concerns that taxpayers monies may be involved in the preliminary settlement of US$1.2 billion, as raised by PKR vice-president Rafizi Ramli.

“I’m not involved in the negotiations. It (is) being done by (the) management and board of 1MDB with PMO’s (Prime Minister’s Office) officers...