AG: Govt is not halting court proceedings against IPIC in London

The Attorney-General’s Chambers has confirmed that no action has been taken to halt the court proceedings in London to cancel the 2017 settlement agreement between 1MDB and Abu Dhabi’s International Petroleum Investment Company (IPIC).

Attorney-General Idrus Harun said the government is always open to considering any resolution to ensure that the country’s assets are returned and justice is upheld.

“Discussions are constantly held between the two countries (Malaysia and United Arab Emirates (UAE)), and that this has been the case with...