KUALA LUMPUR: THE demolition of Imbi Palace Restaurant in Jalan Imbi,
Bukit Bintang, on Saturday was not authorised by its landowner, 1Malaysia Development
Berhad.
1MDB, in a statement yesterday, said it had never contracted or
authorised any party to demolish the restaurant, which is located in an area
earmarked for the proposed Kuala Lumpur International Financial District
(KLIFD), which the company oversees.
"This is a case of dispute between the lessee and the sub-lessees
on vacating the premises," said its corporate communications senior
vice-president Shahriza Embi.
1MDB is a strategic development company wholly owned by the Malaysian
government.
Shahriza said 1MDB would step in to mediate in the dispute that caused
an unauthorised partial demolition of the restaurant. She said 1MDB had a firm policy of finding amicable solutions in its
relocation exercises.
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