KUALA LUMPUR, Dec 13 — The sale of Land Grant 18335, Lot 41, Section 51 in Kuala Lumpur to Bank Negara Malaysia by the government through special vehicle company Hartanah Mampan Sdn Bhd was for the purpose of funding of 1Malaysia Development Berhad ’s rationalisation plan.
“The Lot 41 acquisition plan did not exist in the annual BNM strategic planning for 2015 to 2017 despite BNM stating the purpose is to develop a financial services education hub in the long term,” he said in a statement today. “The acquisition transaction was completed in a short period of four months. All these raised doubts on whether BNM was under pressure from the government in making a decision,” according to Wong.
Wong said the acquisition payment price of RM2.07 billion was inappropriately carried out without earlier changing the Land Use Status from ‘None’ to ‘Building’ and the breaking of boundaries /sub-division which was part-owned by the Malaysia Space Agency .