International Petroleum Investment Co (IPIC)

1MDB Watch

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

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 I

1MDB Watch

What role did mystery man Eric Tan play in the 1MDB scandal?

SINGAPORE (June 14): The US Department of Justice (DoJ) described Eric Tan Kim Loong, 40, as an associate of Low Taek Jho or Jho Low.

Malaysia's 1MDB says $491 million paid to Abu Dhabi for debt deal

(Aug 11): 1Malaysia Development Berhad (1MDB) said on Friday it has remitted the equivalent of US$360 million ($491 million) to the Abu Dhabi government-owned International Petroleum Investment Co

1MDB Watch

US authorities probe 1MDB, Jho Low links to US$2.2 bil deal: WSJ

SINGAPORE (June 13): Malaysian businessman Low Taek Jho is alleged to have pocketed US$300 million ($415 million) in less than a week after funds illegally siphoned from 1Malaysia Development Bhd (

Yeo Jiawei

1MDB Watch

Ex-BSI banker Yeo Jiawei sentenced to 30 months’ jail; mulls appeal

SINGAPORE (Dec 22): Ex-BSI wealth planner Yeo Jiawei has been sentenced to a total of 30 months’ jail after he was convicted on Wednesday on all four charges of witness tampering.

1Malaysia Development Bhd (1MDB) image

1MDB Watch

Malaysia's 1MDB paid interest due in fourth quarter on IPIC-guaranteed bonds: minister

KUALA LUMPUR (Dec 21): Malaysian state fund 1Malaysia Development Bhd has made interest payments on one of its bond issues this quarter, after failing to pay earlier this year because of a dispute

1MDB Watch

IPIC submits request for arbitration to claim US$6.5 bil from Malaysia

KUALA LUMPUR (June 14): Abu Dhabi sovereign fund International Petroleum Investment Co (IPIC) and Aabar Investments PJS (Aabar) have submitted a request for arbitration (RFA) to the London Court of


1MDB Watch

1MDB bond fates diverge as Abu Dhabi vow trumps Najib support

SINGAPORE / HONG KONG (May 23): The fortunes of bonds in Malaysia’s troubled investment fund are diverging this month: those guaranteed by Abu Dhabi’s sovereign wealth fund have rallied, while note

1Malaysia Development Bhd (1MDB)

1MDB Watch

Malaysia says too early to conclude fraud in 1MDB-Abu Dhabi deal

KUALA LUMPUR (May 17): Malaysia said Tuesday it’s too early to conclude if fraud had occurred in dealings between its troubled state company and an Abu Dhabi sovereign wealth fund.

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