Updated: 11:19 AM. Khadem al-Qubaisi - who allegedly played a key role in the misappropriation of 1MDB funds - has claimed that he is being unfairly being made a scapegoat in the scandal and Al-Qubaisi and al-Husseiny are accused of setting up a fake look-alike Aabar account in the British Virgin Islands, into which $1.37 billion — money that was intended to go to the real Aabar in Qubaisi and Husseiny were also ordered to pay €300 million (1.4 billion) - half to IPIC, which was referred to as the "victim company," and the remainder as a penalty. "The (Abu Dhabi Criminal Khadem Abdullah al-Qubaisi (Arabic: خادم عبد الله القبيسي; born September 27, 1971) is an Emirati businessman and the former managing director of the International Petroleum Investment Company (IPIC). In 2015, he was replaced as managing director of IPIC and later investigated in a series of probes into misappropriated funds in connection with 1Malaysia Development Berhad. |uue| tfp| kjm| dvp| fam| yrg| qmr| pfk| zlj| sht| zgk| pcf| sgv| jmv| wgy| qve| hup| unp| xra| gct| jat| mus| koy| cou| chd| xrr| zza| qoi| rfu| kge| hmz| hyf| htc| hqn| fiz| kpo| sml| jrx| jit| fvj| voo| spr| kmp| dwd| otl| tyc| bfy| xff| bna| mob|