KUALA TERENGGANU: Terengganu Investment Authority (ITA), now known as 1Malaysia Development Berhad (1MDB), tried to use the state's oil and gas industry as collateral, revealed former Mentri Besar Datuk Seri Ahmad Said (pic).
"1MDB was previously TIA with a paid-up capital that was paid by me on behalf of the state government but we detected hanky-panky business going on especially when they tried to pawn the oil and gas in Terengganu," he said.
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