1MDB controversy started from day one

  • Nation
  • Thursday, 17 May 2018

> On May 27, 2009, Tan Sri Ismee Ismail and Datuk Shahrol Azral Ibrahim Halmi signed a deal arranged by AmInvestment Bank Bhd to raise RM5bil via the issuance of Islamic medium-term notes (IMTNs), despite being told not to do so by the Terengganu state government.

> On July 31, 2009, the federal government took over Terengganu Investment Authority (TIA) and changed its name to 1Malaysia Development Bhd (1MDB), four months after Datuk Seri Najib Tun Razak was made Prime Minister.