The Business Times
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1MDB plans 'robust response' in debt row

Published Fri, Jun 17, 2016 · 09:50 PM

Kuala Lumpur

TROUBLED Malaysian state investment vehicle 1MDB said on Friday that it plans a "robust response" to an Abu Dhabi sovereign wealth fund's move to seek US$6.5 billion via international arbitration of a debt dispute.

The Abu Dhabi fund, International Petroleum Investment Co (IPIC), said on Tuesday that it had submitted a request to the London Court of International Arbitration to intervene in the row.

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