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Mystery of Malaysian 1MDB's US$2.3b Cayman Islands fund
[SINGAPORE] Some US$2.3 billion ($2.9 billion) belonging to Malaysia's state-owned fund 1Malaysia Development Bhd (1MDB), ploughed into unidentified Cayman Islands funds, is being managed by little-known Hong Kong firm Bridge Partners, The Business Times has learnt.
The revelation comes
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