KUALA LUMPUR: Two Tabung Haji officers testified separately in the Sessions Court that a RM200mil proposal had been approved by the board of directors to invest in Metrowangsa Aset Management Sdn Bhd by way of mudharabah (Islamic fixed deposit).
Tabung Haji's administration general manager Mohd Ariff Usoh and senior general manager Mat Senin Rais confirmed the board's approval as they were both secretariats and minute-takers at the board of directors meetings on June 29, 2000 and May 3, 2001 respectively.