Bung Moktar sought Finance Ministry approval to invest RM150m in unit trust, court told

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

This is despite the Felcra Board of Directors only agreeing to invest RM50 million.

The Kuala Lumpur Sessions Court was today told that Bung Moktar Radin had submitted an application letter from the Federal Land Consolidation and Rehabilitation Authority Bhd 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 Mohmad Isa Hussain, 61, said that during the board’s meeting on Nov 24, 2014, which he, Bung Moktar and several other members attended, it was agreed that...

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Kinabatangan people mustve really like the guy.

Make Sabah great again 💎🙌

Bungsat

Who take the 5% charge?

Huh?

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in BE

Belgique Dernières Nouvelles, Belgique Actualités