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IPIC Seeks US$6.5 Billion From 1MDB, Malaysia in (London) Arbitration

IPIC Seeks US$6.5 Billion From 1MDB, Malaysia in (London) Arbitration

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Old Jun 14th 2016, 1:30 pm
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Default IPIC Seeks US$6.5 Billion From 1MDB, Malaysia in (London) Arbitration

See:
IPIC Seeks $6.5 Billion From 1MDB, Malaysia in Arbitration - Bloomberg

Yikes.

US$6.5 Billion is about 26,592,475,000 Malaysian Ringgit

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Last edited by JC3; Jun 14th 2016 at 1:36 pm.
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Old Jun 16th 2016, 7:08 am
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Default Re: IPIC Seeks US$6.5 Billion From 1MDB, Malaysia in (London) Arbitration

I went to The Star's website as I was curious how Malaysian media would report this issue. To my surprise could I not find a single article about this latest development.
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Old Jun 16th 2016, 7:30 am
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Default Re: IPIC Seeks US$6.5 Billion From 1MDB, Malaysia in (London) Arbitration

Originally Posted by SushiFan
I went to The Star's website as I was curious how Malaysian media would report this issue. To my surprise could I not find a single article about this latest development.
In all fairness they did report it, very briefly, on 14th June:-

1MDB: Ipic, Aabar submit a request for arbitration - Business News | The Star Online
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Old Jun 17th 2016, 8:18 am
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Default Re: IPIC Seeks US$6.5 Billion From 1MDB, Malaysia in (London) Arbitration

Thank you IVV, I had overlooked that article.
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