(Photo: The Malaysian Insider)
Malaysian Prime Minister Najib Razak said Qatar and China have expressed an interest in the assets of debt-laden state fund 1Malaysia Development Bhd (1MDB), state news agency Bernama reported on Saturday.
1MDB, the centre of several investigations over graft and its management of funds, is seeking to offload assets parked under its power unit Edra Global Energy Bhd, and sell developmental rights in its high-profile property projects.
Najib said Qatar’s Emir Sheikh Tamim bin Hamad al-Thani had indicated that the Qatar Investment Authority was keen to view 1MDB assets and purchase land in its Bandar Malaysia project.
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