Press Release

1MDB makes second payment to IPIC
1MDB makes second payment to IPIC

1Malaysia Development Berhad (1MDB) is pleased to announce that pursuant to the Amendment dated 8 August 2017 to the Settlement Deed with Ministry of Finance Inc Malaysia and International Petroleum Investment Company PJSC (IPIC), 1MDB has remitted to IPIC in full the second tranche due on 31 August 2017.

All funds were paid from proceeds of the on-going rationalisation programme.