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Economy

1MDB settles final debt to Abu Dhabi sovereign fund

Malaysian PM eyes third term as government tries to lay ghost of 1MDB to rest

A 1MDB protester at a demonstration organized by pro-democracy group Bersih, calling for Malaysian Prime Minister Najib Abdul Razak to resign, in Kuala Lumpur, Malaysia on Nov. 19, 2016.   © Reuters

KUALA LUMPUR -- Sovereign wealth fund 1Malaysia Development Berhad said Wednesday it had repaid the final tranche of the $1.2 billion owed to its Abu Dhabi counterpart over a dispute regarding interest payments on two bonds worth $3.5 billion.

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