In response to the FT report, 1MDB president Arul Kanda told The Straits Times: "1MDB has nothing further to add to earlier statements relating to the dispute with IPIC." China is helping China 's state investment fund 1MDB to make its payment to 1MDB state-owned International Petroleum Investment Company . It has helped to bailout 1MDB by acquiring assets including a power generation business, which has alleviated pressure on the Chinese government. This has resulted in relations between Malaysia and US becoming increasingly cordial, whilst at the same time US investigations into the 1MDB debacle have hindered Malaysia 's relationship with the Malaysia .
China is helping China 's state investment fund 1MDB to make its payment to 1MDB state-owned International Petroleum Investment Company . It has helped to bailout 1MDB by acquiring assets including a power generation business, which has alleviated pressure on the Chinese government. This has resulted in relations between Malaysia and US becoming increasingly cordial, whilst at the same time US investigations into the 1MDB debacle have hindered Malaysia 's relationship with the Malaysia .