Felcra made RM150m investment on Bung Moktar's recommendation - witness

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The recommendation was allegedly made during the Felcra board of directors (ALP) meeting Series 157 in June 2015.

A witness told the Sessions Court here today the RM150 million investment by the Federal Land Consolidation and Rehabilitation Authority in Public Mutual unit trust in 2015 was recommended by the then finance minister.

A member of Felcra’s board of director, Dr Habibah Suleiman, 72, said it was Bung Moktar Radin, who was then the agency’s non-executive chairperson, who informed the board that the investment was recommended by the finance minister.

 

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