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Home / Issues / 1mdb Watch

Mubadala denies report that 1MDB has US$6.9b exposure

1MDB Watch

Mubadala denies report that 1MDB has US$6.9b exposure

Khairie Hisyam Aliman Published on Thu, Oct 18, 2018 / 1:20 PM GMT+8

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KUALA LUMPUR: Abu Dhabi’s state owned Mubadala Investment Company has denied that six bonds totalling US$6.9 billion ($9.5 billion) that it is assuming from its subsidiary International Petroleum Investment Co (IPIC) are connected to 1Malaysia Development Bhd (1MDB).

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