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The bizarre story of 1MDB, the Goldman Sachs-backed Malaysian fund that turned into one of the biggest scandals in financial history

It's one of the greatest scandals in financial history. "1MDB" started as a plan to fund Malaysian infrastructure projects but turned into $3 billion problem.

A luxury movie theater that IPO’d 18 months ago at a $200 million valuation has filed for bankruptcy

"Delays in development cycle combined with the high cost of capital depleted iPiC's available resources," said Hamid Hashemi, CEO.

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

IPIC alleges Goldman "played a central role in a long-running effort to corrupt former executives of IPIC and its subsidiary Aabar Investments, and mislead IPIC and Aabar."

A Middle Eastern investment giant is suing Goldman Sachs over the ‘massive international conspiracy’ of the 1MDB scandal

Abu Dhabi's IPIC filed a lawsuit in New York on Wednesday against Goldman Sachs seeking to recover losses from the 1MDB fund.

Abu Dhabi gives 1MDB until Aug 31 to make $603m payment

FILE PHOTO: A const...