UPDATED 9.20PM | This pending disposal of an appeal against the order to file their defence.
PM and 1MDB pleading against High Court order to file defence in suit over IPIC payment.
UPDATED 5.05PM | Judge rules Harapan Youth leaders have locus standi to initiate the suit.
The DAP MP accuses S'pore's Straits Times of running stories that helped cover up 1MDB's financial woes.
UPDATED 12.35PM | The second finance minister also passes the buck to the 1MDB chair when asked about the firm's settlement to IPIC.
Chinese gov't-linked white knight firms reportedly buy land and other assets to finance IPIC repayment.
UPDATED 4.50PM | 1MDB claims that the funds were paid from proceeds from rationalisation programme.
'It is very much the plan to get it paid on or before Dec 31', says a source familiar with the matter.
He will now continue as 1MDB president and CEO even though his tenure was set to end on Dec 31.
YOURSAY | ‘And why are we paying IPIC if we had already paid Aabar BVI?’
UPDATED 12.47PM | PJ Utara MP asks if MOF extended funds to 1MDB and if taxpayers ended up paying the US$602 million owed.
'IPIC has received the funds required to be paid by Aug 31,' the investment firm tells the London Stock Exchange.
UPDATED 2.15PM | 1MDB paid half of the US$602m owed on Aug 12, with deadline for balance expiring tomorrow.
DAP PJ Utara MP Tony Pua does the math and finds troubling questions.
If it is, it is a hefty and extortionate 'default' penalty, says DAP stalwart Lim Kit Siang.
UPDATED 4.55PM | The payment was made before 1MDB was scheduled to pay IPIC US$310 million on Aug 12.
YOURSAY | ‘The constant delays in repaying IPIC reflect badly on 1MDB’s managers.’
UPDATED 5.40PM | In a filing to the London Stock Exchange, IPIC says 1MDB is obliged to pay at least US$310 million by this Saturday.
Failure to meet the deadline today will cause 'additional obligations' to be imposed on 1MDB.
No bank will touch the 'investment fund units' meant for paying IPIC, says the MP.
The minister says it’s a normal bond to fund the budget deficit, denies a 1MDB link.
UPDATED 2.25PM | The gov't will not assist 1MDB if it does not ask for help, says the second finance minister.
Pakatan Harapan info chiefs urge the Bank Negara, police and MACC to conduct probes into the matter.
PARLIAMENT | This is not expected to hurt confidence in the M'sian economy, Najib tells the House.
Failure to comply will subject 1MDB and MOF Inc to 'additional obligations'.
UPDATE 4.25PM | 1MDB admits that it is waiting for funds that have been delayed to later this month.
UPDATED 10.49AM | The embattled state fund has to pay RM2.58 billion to the Abu-Dhabi based sovereign wealth fund over its settlement agreement.
This is because the key person involved is IPIC’s former managing director, says Jasa.
GANT1 wants to know whether action will be taken against IPIC officers to recover the US$3.5 billion.
In a filing with the London Stock Exchange, IPIC reveals the consent award was granted on Tuesday.