THE RM2.07bil land deal involving Bank Negara Malaysia (BNM) in connection to a rationalisation plan involving 1Malaysia Development Bhd (1MDB) in 2017 was done hastily and without proper due diligence, says the Public Accounts Committee (PAC).
“The BNM board of directors did not carry out adequate due diligence in the purchase of Lot 41 (Section 51 Kuala Lumpur).
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