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Bung trial: Felcra paid RM150m to Public Mutual for investment

Bung trial: Felcra paid RM150m to Public Mutual for investment Modified12 Jan 2021, 2:10 am A - A witness told the Sessions Court in Kuala Lumpur yesterday that that Federal Land Consolidation and Rehabilitation Authority (Felcra) Berhad has paid RM150 million through five transactions to Public Mutual unit trusts for investment purposes. Former Felcra investment unit finance manager Esah Abas, 62, said this in the corruption trial of Bung Moktar Radin, who was then Felcra non-executive chairperson, and his wife Zizie Ezette A Samad. All Access Plan

Bung Moktar trial: Felcra pays RM150 mil to Public Mutual for investment — witness

KUALA LUMPUR (Jan 11): A witness told the Sessions Court here today that that Federal Land Consolidation and Rehabilitation Authority (Felcra) Berhad has paid RM150 million through five transactions to Public Mutual unit trusts for investment purposes. Former Felcra investment unit finance manager Esah Abas, 62, said this in the corruption trial of Datuk Seri Bung Moktar Radin (pictured), who was then Felcra non-executive chairman, and his wife Datin Seri Zizie Ezette A. Samad. The 10th prosecution witness said that the payment by Felcra was made through five payment vouchers dated May 18, 2015. “The five payment vouchers referred to me were provided by me on the instructions of Azriman Ridouan who was Felcra s credit control senior manager at that time. Vouchers are provided based on a copy of a letter to Affin Islamic Bank Berhad entitled Transfer Money from Felcra Berhad current account.

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