RM209m frozen but RM1b project rises

Work in progress: The Mpire Residences and Mpire Mall development project going on without a hitch at Jalan Tun Dr Awang in Bayan Lepas.

GEORGE TOWN: Months after the controversial MBI Group was raided by the authorities and its bank accounts frozen, a RM1bil mixed-development project undertaken by the Penang-based company has finally got off the ground.

However, even the turnkey contractor has denied involvement in the project, meant for MBI investors, due to the status of the controversial company.