Lim insisted that claims Kojadi had nothing to do with 1MDB were false. — Picture by Ahmad Zamzahuri
Finance Minister Lim Guan Eng today lauded Kojadi chairman Datuk Ng Peng Hay as having the courage to do the right thing in trying to return RM15 million it received from a 1MDB foundation, which resulted in his suspension from the company’s board on July 9. “The Finance Ministry will look into this matter and the monies or funding given by the previous finance ministry to Kojadi in the past,” Lim said in the Dewan Rakyat.
Lim added that claims Kojadi had nothing to do with 1MDB were false, as it had received the money from 1MDB Foundation through a letter of agreement.
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: