Najib: Claims about start-up fund for 1MDB untrue


CLAIMS that 1Malaysia Develop­ment Bhd (1MDB) had received a start-up fund of RM500mil is not true, said Finance Minister Datuk Seri Najib Tun Razak.

He said there was no basis for the claims made by an opposition MP that Terengganu Investment Authority (TIA) had received the fund before it became 1MDB.

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