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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
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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.
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Kuala Lumpur , Esah Abas , Bung Moktar Radin , Zizie Ezettea Samad , Moktar Radin , Sessions Court , Rehabilitation Authority Felcra Berhad , Federal Land Consolidation , Rehabilitation Authority , Public Mutual , Zizie Ezette , குவாலா லம்பூர் , பூங் மொக்தார் ரேடின் , மொக்தார் ரேடின் , அமர்வுகள் நீதிமன்றம் , கூட்டாட்சியின் நில ஒருங்கிணைப்பு , புனர்வாழ்வு அதிகாரம் , பொது பரஸ்பர ,

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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