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1MDB may have been duped into transferring US$3.5 billion to a company unrelated to the Genting Tanjong power plant deal, its management says.

1MDB chief executive officer Arul Kanda Kandasamy said the announcement by the Swiss Attorney-General’s Office yesterday indicated that 1MDB might be a “victim of fraud”.

Read more: https://www.malaysiakini.com/news/337682

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Arul Kanda says this on the US$3.5 billion it paid to Aabar BVI.
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