Latest Breaking News On - Norlaili ahmad mokhtar - Page 1 : comparemela.com
Corruption trial of Bung Moktar, Zizie Izette postponed to July 26
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Bung sought approval to invest RM150m in unit trust, court told | Daily Express Online
dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.
Friday, 21 May 2021 10:26 PM MYT
Datuk Seri Bung Moktar Radin arrives at the Kuala Lumpur High Court May 21, 2021. Picture by Yusof Mat Isa
Subscribe to our Telegram channel for the latest updates on news you need to know.
KUALA LUMPUR, May 21 The Sessions Court was today told that Datuk Seri Bung Moktar Radin had submitted an application letter from the Federal Land Consolidation and Rehabilitation Authority (Felcra) Berhad to invest RM150 million in the Public Mutual unit trust whereas the Felcra Board of Directors only agreed to invest RM50 million.
Former Treasury deputy secretary-general for investments Datuk Seri Mohmad Isa Hussain, 61, said that during the board’s meeting on November 24, 2014, which he, Bung Moktar and several other members attended, it was agreed that RM50 million would be invested in the unit trust.
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.
KUALA LUMPUR: A Sessions Court judge, who is hearing the corruption case of Datuk Seri Bung Moktar Radin
(pic) and his wife, Datin Seri Zizie Ezette A. Samad, expressed disappointment that she had to vacate the dates which had been fixed to hear the case this week.
Judge Rozina Ayob had to move the dates to allow the Kinabatangan MP, who is a Sabah deputy chief minister, to attend the State Legislative Assembly (DUN) sitting.
She reprimanded Bung Moktar’s lawyers for the delay in sending the letter to request for the dates from Dec 21 to 24, to be vacated, saying that the letter was only sent on Dec 17.
vimarsana © 2020. All Rights Reserved.