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.
1MDB has capitulated to all IPIC demands.
This is in light of new evidence, including information regarding the 1MDB-IPIC arbitration settlement, says DAP lawmaker.
Marcus Mojigoh also says Johari should not have contradicted the prime minister on this matter.
COMMENT | The attorney-general must now act to get the real culprits.
MP SPEAKS | He should quit as finance minister II if he feels the IPIC deal is ‘beyond him’.
'As long as there are bonds outstanding, there will be contingent risks to the M'sian gov't'.
EXCLUSIVE | UPDATED 6PM | Johari says letter is from BVI Registrar of Corporate Affairs. This leads to the question as to why Malaysian team opted for a settlement then.
MP SPEAKS | Is agreeing to pay US$7.01 billion for a US$3.5 billion loan the 'responsible' thing to do?
Aziz Sheikh Fadzir believes the Finance Ministry still owes PAC some answers.
As an ordinary member of the public, I find Umno supreme council member Mohd Puad Zakarshi’s statement
as most illogical.
UPDATED 10.20PM | Umno leader claims 1MDB will not assume principal payments for bonds.
This is in view of the reported settlement reached between Malaysia and IPIC, says Tuan Ibrahim Tuan Man.
MP SPEAKS | Taxpayers will end up paying US$7 billion to settle US$3.5 billion in bonds.
UPDATED 7PM | IPIC seeking a total of US$6.5b, negotiations on payments made by 1MDB to 'certain parties' will continue.
‘It is being done by 1MDB with PMO’s officers,’ says the finance minister II.
UPDATED 2.39PM | The PAS deputy chief says the present settlement is not the end of the story, pointing to the US$3.5b question.
PKR leader wants minister Johari Abdul Ghani to address questions on the imminent 1MDB-IPIC settlement.
A report says the settlement may result in what is legally known as 'no predicate offence'.
Singapore daily cites sources as saying the agreement would see 1MDB pay IPIC US$1.2 billion by year end.
The ministry cannot reveal details as it is bound by court guidelines, it says in written reply to a query in Parliament.
There is disagreement over how much money 1MDB should pay IPIC.
UPDATED 2PM | Irwan Serigar Abdullah also denies claims 1MDB is seeking China’s aid to settle IPIC debt.
COMMENT | It is time for Najib to come forward to tell the whole story, now or never!
The second finance minister sees no reason to drag China into the matter.
UPDATED 7.54PM | According to the Financial Times, China has been approached as a source of funds for 1MDB.
UPDATED 7.30PM | IGP says police are waiting for further orders from the Attorney-General's Chambers.
UPDATED 12.02PM | Khadem under probe for alleged fraud, money laundering and corruption.