Abu Dhabi’s IPIC files lawsuit against Goldman Sachs, others in 1MDB case

A man walks past a 1 Malaysia Development Berhad (1MDB) billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, REUTERS/Olivia Harris

Abu Dhabi’s International Petroleum Investment Co (IPIC) said on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.

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