Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol

Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol

The Edge Markets - Malaysia·2019-11-04 15:49

KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).

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