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

According to Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi, the plan was for 1MDB to raise RM5 billion and RM10 billion through bridging loan facilities for TRX — at the time known as the Kuala Lumpur International Financial District (KLIFD) — and Bandar Malaysia, where the old Sungai Besi military airport was located, respectively.

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