PETALING JAYA: 1Malaysia Development Berhad (1MDB) has strongly denied allegations by Pandan MP Rafizi Ramli, who alleged that proceeds from the Bandar Malaysia Sdn Bhd Sukuk programme (BMSB Sukuk) may not have been properly utilised.
In a press statement released on Tuesday, 1MDB said that the proceeds raised by BMSB have in fact been utilised in accordance with the terms of the Sukuk Programme Agreement.
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