1MDB-IPIC arbitration is confidential, says Finance Ministry

(Updated )

The Finance Ministry cannot reveal details of the arbitration process between 1MDB and Abu Dhabi's International Petroleum Investment Company (IPIC) because it is bound by confidentiality guidelines.

The ministry said this in a written reply to Parliament on a question from Pokok Sena MP Mahfuz Omar of PAS, who had asked for an update on the arbitration process...

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