IPIC Admits Guilt But Malaysia Loses Out On Billions Owed
Abu Dhabi's IPIC has eaten humble pie, having climbed down from demanding $6 billion it had claimed 1MDB owed and instead ponied up $1.8 billion in reparations to 1MDB over its criminal complicity in the heist from which senior figures in the Gulf state raked hundreds of millions of dollars. It is a stunning victory for Malaysia, but it was owed so much more.....