1MDB funds were used for Umno's election campaign during GE13, ex-CEO claims

KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had used part of the US$3 billion raised by 1Malaysia Development Bhd (1MDB) — initially intended for the development of the Tun Razak Exchange (TRX) — to acquire land in Ayer Itam, Penang as part of Umno’s campaigning leading up to the 2013 General Elections (GE13), the High Court heard today.

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Guan Eng claims trial to two charges of misappropriation of property

BUTTERWORTH (Sept 11): Former Finance Minister Lim Guan Eng (pictured) today claimed trial at the Sessions Court here towards two counts of dishonestly misappropriating of two properties namely in releasing two plots of land to Zenith Urban Development Sdn Bhd and Ewein Zenith Sdn Bhd, which are linked to the state’s underground tunnel project.

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