Rafizi says RM1.1bil deal with Arm Holdings extensively documented


Former Economy Minister Rafizi Ramli speaking to reporters outside the Malaysian Anti-Corruption Commission (MACC) headquarters on Wednesday (May 6), following nearly five hours of questioning. — Bernama Pic

PUTRAJAYA: Datuk Seri Rafizi Ramli claims that all matters concerning documentation and agreements related to the RM1.1bil investment with Arm Holdings were handled in an orderly manner and fully complied with established procedures.

The former economy minister said that all critical records – including meeting minutes, official documents and relevant agreements – exist and can be presented in court should the need arise.

"The (meeting) minutes, documents and agreements are all there.

"That is why I am very confident that it was in order and managed in terms of regulations and procedures, as I recall it went through the (proper) process when I was in the government.

"If all this is brought to court, the evidence is indeed there. The documents, minutes, agreements are all there," he told reporters outside the Malaysian Anti-Corruption Commission (MACC) headquarters on Wednesday (May 6), following nearly five hours of questioning.

Rafizi arrived at the MACC headquarters at 1:50pm to record his statement for a third consecutive day.

The MACC investigation on allegations of abuse of power and misconduct involves a strategic semiconductor industry cooperation agreement between the Economy Ministry and the United Kingdom-based company.

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