No discussions on RM150mil investment during Felcra BOD meetings, says witness in Bung Moktar and wife's graft trial


KUALA LUMPUR (Bernama): A former member of the Federal Land Consolidation and Rehabilitation Authority (Felcra) board of directors (BOD) told the Sessions Court that a new investment totalling RM150mil in the Public Mutual unit trust was never discussed during the board meetings before it was approved by then Finance Minister II Datuk Seri Ahmad Husni Hanadzlah.

Dr Habibah Suleiman, 72, said Ahmad Husni’s decision to approve the investment was conveyed to the Felcra BOD meeting in June 2015.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Felcra , crime , court , Bung Moktar , Zizie Ezette

   

Next In Nation

No action being sought against Gilley, says Zambry
KKB by-election: Five roads closed for Nomination Day on April 27
KKB by-election: Selangor's Raya open house may breach Election Offences Act, warns Bersih
Five cops face internal action for allegedly robbing foreign national
Advancing social protections to bring diversity and inclusion for women in Malaysia’s workforce
RHB sets its sights on net zero by 2050
Disability, the neglected piece of the DEI puzzle
Exploring the impact of purpose on brand growth in South-East Asia
Remembering marginalised Malaysians
Is the construction industry just a ‘boys’ club’?

Others Also Read