Terengganu MB refutes Ahmad Said’s claims on 1MDB predecessor

KUALA TERENGGANU: Terengganu Mentri Besar Datuk Seri Ahmad Razif Abdul Rahman (pic) has denied claims that Terengganu Investment Authority (TIA), now known as 1Malaysia Development Berhad (1MDB), tried to use the state’s oil and gas industry as collateral.

“No such thing. Our exco would not have agreed as we also have a team of experts to advise us and that would not have happened,” Ahmad Razif told reporters after attending the third term of the 13th Terengganu State Legislative Assembly sitting at Wisma Darul Iman on Wednesday.