Monday, October 26, 2020

China’s largest oil group CNPC refutes subsidiary’s role in 1MDB money-laundering scandal

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China Petroleum Pipeline Engineering (CPP), a unit of China’s state-owned oil and gas giant China National Petroleum Corp, had refuted a media report that money paid for its pipeline projects in Malaysia was diverted to third-party Cayman Islands companies involved in money laundering. “Over US$2 billion” that Malaysia’s finance […]

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