1MDB Confirms Default on Bonds

1MDB Confirms Default on Bonds

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Business

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Hard

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The transcript discusses the financial obligations and default issues related to 1MDB, a Malaysian state fund, and its dispute with IPIC, Abu Dhabi's sovereign wealth fund. The conflict involves a default on a loan agreement worth over $1 billion. This situation is part of a larger financial scandal involving 1MDB, which is under investigation in multiple countries, including Malaysia, Singapore, Switzerland, and the USA. The saga has been ongoing for several months.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When was the payment originally due in the dispute between 1MDB and IPIC?

18th of March

18th of June

18th of April

18th of May

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company is involved in the dispute with 1MDB?

Asian Development Bank

International Petroleum Investment Company

World Bank

International Monetary Fund

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much was the loan that 1MDB defaulted on?

Four billion dollars

Three and a half billion dollars

Two billion dollars

One billion dollars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are involved in the investigations of 1MDB?

Malaysia, Indonesia, Thailand, USA

Singapore, Switzerland, Germany, USA

Malaysia, India, China, USA

Malaysia, Singapore, Switzerland, USA

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long has the 1MDB saga been unfolding?

Nine months

Seven months

Five months

Three months