Najib not behind federalisation of TIA, court told


KUALA LUMPUR: The idea to federalise the Terengganu Investment Authority (TIA) in order to salvage it from its internal strife did not come from Datuk Seri Najib Razak, the High Court was told on Thursday (Aug 22).

Instead, it was the then TIA CEO Datuk Shahrol Azral Ibrahim Halmi who was "very eager" about the federalisation of the state government investment arm, which later turned into 1Malaysia Development Bhd (1MDB).

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 Najib Razak , 1MDB , Trial , Federalisation , TIA , Idea , COurt

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