: A witness told the Sessions Court here today that that Federal Land Consolidation and Rehabilitation Authority Berhad has paid RM150 million through five transactions to Public Mutual unit trusts for investment purposes.
The 10th prosecution witness said that the payment by Felcra was made through five payment vouchers dated May 18, 2015. “The total payments made to Public Mutual Berhad are RM50 million, RM50 million, RM20 million, RM20 million and RM10 million. I confirm the signature of the provider of all these vouchers is my signature,” she said while reading her witness statement under the examination-in-chief by deputy public prosecutor Maziah Mohaide.
On May 3, 2019, Bung Moktar, 61, pleaded not guilty to two counts of accepting bribes amounting to RM2.2 million and RM262,500 as an inducement to obtain Felcra’s approval to make a RM150 million investment in Public Mutual unit trusts.