Abu Dhabi's IPIC files suit against Goldman Sachs, others

(Reuters) — Abu Dhabi's International Petroleum Investment Co. said in a statement on Wednesday it had filed a lawsuit against U.S. investment bank Goldman Sachs Group Inc. and others to recover losses incurred due to the Malaysian state fund 1MDB.

IPIC said in the statement it filed a civil legal action in New York against the parties, including Goldman, alleging it "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."