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Axe to fall on 1MDB staff soon

Investment holding company completes almost RM10 billion cash sale of power assets

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Seven years after it was set up, troubled 1Malaysia Development Berhad (1MDB) is laying off staff as a storm of controversy around it continues.

Singapore

Seven years after it was set up, troubled 1Malaysia Development Berhad (1MDB) is laying off staff as a storm of controversy around it continues. 

The Business Times understands that affected staff will receive their pink slips from management soon.

When contacted,

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