TRXC to lodge police report on 1MDB misappropriation

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

PETALING JAYA: TRX City Sdn Bhd (TRXC) says it will lodge a police report on allegations that funds meant for TRX development were used to repay 1Malaysia Development Berhad (1MDB) loans.

In a statement on Thursday (June 21) after Finance Minister Lim Guan Eng announced that the TRX project would be completed despite more than RM3bil of government funds were misappropriated from TRXC by 1MDB.

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