More missing funds linked to 1MDB

Washington

QUESTIONS around a troubled Malaysian state investment fund and missing money in the Middle East have widened to include as much as another US$1 billion more. The Wall Street Journal reported last week that officials in Abu Dhabi were trying to understand why a US$1.4 billion transfer that 1Malaysia Development Bhd said it made to a counterparty in the Middle Eastern emirate wasn't received.

Now, those officials are questioning a further US$993 million that 1MDB reported it paid to the Abu Dhabi fund, the International Petroleum Investment Co, but which also appears to be largely missing, people familiar with the matter said.