TRX City lodges police report on fund misappropriation


The under-construction TRX pictured here on June 21, 2018. – Bernama

PETALING JAYA: TRX City Sdn Bhd (TRXC) lodged a police report on June 22 at Jalan Travers Police Station, Kuala Lumpur, on the transfers of TRXC’s funds to 1Malaysia Development Bhd (1MDB).

In a statement, TRXC said the transfers were made based on instructions from 1MDB and were diverted from their intended use, which was for the Tun Razak Exchange and Bandar Malaysia projects.

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Business , TRX , TRX City , 1MDB , funds , police report , misappropriation ,

   

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