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Mystery gov't entity bought part of TRX land from 1MDB
Published:  May 10, 2017 7:29 AM
Updated: 11:39 PM

A government-linked entity bought part of the 70-acre Tun Razak Exchange (TRX) land, which the government had first sold to 1MDB at a nominal sum.

The whole of the Tun Razak Exchange, under TRX City Sdn Bhd, has since been transferred from 1MDB to the Minister of Finance Incorporated (MOF Inc), effective March 31.

The purchase was revealed by the Finance Ministry in a parliamentary written reply, which was distributed to MPs after the last Parliament sitting that took place from March 6 to April 6.

The written reply had listed six buyers which had bought parcels of land within the TRX...

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