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%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Kinabatangan people mustve really like the guy.

Make Sabah great again 💎🙌

Bungsat

Who take the 5% charge?

Huh?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines