Its wholly-owned subsidiary Kimlun Sdn Bhd was awarded the contract for the main building works for a commercial building and a block of apartments at Medini Iskandar.
The AG said the Malaysian government is "confident that we have a strong case".
Under the consent award, Malaysia is obliged to pay US$5.78 billion to IPIC and the bond trustee over five years. The country has paid US$1.46 billion so far.
"The MACC, as what I can remember, never confirmed that (the matter) was final, that the RM2.6 billion was a donation."
CIMB Research’s Sharizan Rosely and Kamarul Anwar said a slight positive that came out of the 11MPMTR was the public-private partnership model in contract procurement will be beefed up.
Due to completion of employment contract.