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aws全区号( wanted RM5 billion bond issuance despite sultan\u2019s objection, court hears



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Former 1MDB director Ismee Ismail says he did not question Sultan of Terengganu, Sultan Mizan Zainal Abidin, when the ruler asked for a bond issuance to be delayed. – The Malaysian Insight file pic, November 17, 2021.

KUALA Lumpur High court heard today how Sultan of Terengganu, Sultan Mizan Zainal Abidin, had ordered a former 1Malaysia Development Bhd (1MDB) director to suspend the issuance of Islamic medium-term notes used to secure a RM5 billion loan for the then Terengganu Investment Authority (TIA) fund.

This led to convicted former prime minister Najib Razak questioning the former 1MDB board director Ismee Ismail and former 1MDB chief executive officer Shahrol Azral Ibrahim Halmi about why they had agreed to do so.