1MDB says no discussions with China over repayments to Abu Dhabi fund

KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) is not in talks with China to make repayments to International Petroleum Investment Company (Ipic), said its chairman Tan Sri Dr Mohd Irwan Serigar Abdullah.

"I am the chairman of 1MDB, and as I know, there is no such thing as us talking to China about this.

"Nobody talked to us," he told a press conference here Thursday.

Dr Mohd Irwan was referring to a Financial Times report Wednesday that claimed 1MDB was getting China to help with repayments to Ipic, a company owned by the Abu Dhabi government.