Malaysia in 2018 had filed a challenge in a London court against a settlement agreement between 1MDB and IPIC that had been negotiated a year earlier during the premiership of former leader Najib Razak.
Najib was sentenced to 12 years in jail last year after being found guilty in a 1MDB-related corruption case.The finance ministry said on Monday the Abu Dhabi companies, 1MDB and Malaysia's Minister of Finance had reached a settlement in respect of proceedings in the London Court of International Arbitration and the London High Court.
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