Ku Nan tells court he sold companies to be ‘debt-free minister’ | The Malaysian Insight

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Ku Nan tells court he sold companies to be ‘debt-free minister’

Former federal territories minister Tengku Adnan Tengku Mansor says he kept only marginal shares in several other companies, such as Hyundai-Sime Darby and Tadmansori Holdings Sdn Bhd. – The Malaysian Insight pic by Seth Akmal, March 5, 2020.

FORMER federal territories minister Tengku Adnan Tengku Mansor told the Kuala Lumpur High Court today that he sold most of his companies worth hundreds of millions of ringgit to become a “debt-free” minister. Tengku Adnan, 69, said he told then prime minister Dr Mahathir Mohamad that he was working for several companies and agreed to sell several of them before becoming a full minister.

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