Tony Pua: How did 1MDB pay IPIC?

Published: Aug 31, 2017 4:28 AM | Updated: Aug 31, 2017 4:55 AM

Petaling Jaya Utara MP Tony Pua has asked if taxpayers were the ones footing the bill for the 1Malaysia Development Bhd (1MDB) payments to International Petroleum Investment Company (IPIC).

In an announcement to the London Stock Exchange yesterday, IPIC confirmed it had received payment from 1MDB and the Ministry of Finance (MOF) one day before the Aug 31 deadline but did not disclose the amount it received.

“Despite repeated questions by many parties... both 1MDB and the MOF have remained completely opaque as to the source of the funds used to repay IPIC,” Pua said...

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