Barely two years after he was engulfed in a scandal over a Malaysia state fund, Prime Minister Najib Razak is set to clear another hurdle to putting the furor behind him and calling an early election.
Malaysia is said to have agreed to pay Abu Dhabi $2.5 billion as a partial debt settlement for 1Malaysia Development Bhd., in a deal thats expected to be announced on Monday on the London Stock Exchange.
The initial resolution of the dispute with Abu Dhabi over the finances of 1MDB could help Najib move toward closure on a scandal that at one point raised questions about his ability to hold onto power.
Instead, with an election due by mid-2018 but potentially coming this year, Najibs grip o…
Read the full article at: https://www.bloomberg.com/politics/articles/2017-04-23/abu-dhabi-debt-deal-to-help-clear-najib-s-path-for-malaysia-vote
