KUALA LUMPUR, Jan 14 — The Sessions Court here was told that Datuk Seri Bung Moktar Radin did not ask for RM3.5 million commission from the investment agent to approve the RM150 million investment in Public Mutual unit trust.
Earlier, during the examination-in-chief by the prosecution, Madhi agreed that there were contradictions when he told the court there was no demand for RM3.5 million commission from Bung Moktar when the recording of his conversation with the Malaysian Anti-Corruption Commission in 2016 was otherwise.
To another question, the witness said the unit trust investment proposal was tabled in Felcra’s board of directors’ meeting In the proceeding on December 7 last year, Madhi admitted giving a different version of the statement as he felt pressured when questioned in 2016 while the last conversation recording was almost five years later on February 4 2021.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bung Moktar did not ask for RM3.5mil commission over Felcra investment, says witnessKUALA LUMPUR: The Session’s Court here was told that Datuk Seri Bung Moktar Radin did not ask for RM3.5mil commission from the investment agent to approve the RM150mil investment in Public Mutual unit trust. He didnt ask. He demanded Is asking for commission illegal or taking commission illegal?
Source: staronline - 🏆 4. / 75 Read more »
Bung Moktar did not ask for RM3.5mil commission over Felcra investment, says witnessKUALA LUMPUR: The Session’s Court here was told that Datuk Seri Bung Moktar Radin did not ask for RM3.5mil commission from the investment agent to approve the RM150mil investment in Public Mutual unit trust. He didnt ask. He demanded Is asking for commission illegal or taking commission illegal?
Source: staronline - 🏆 4. / 75 Read more »
London keeps crown as Europe’s top tech investment hub | Malay MailLONDON, Jan 14 — London remains Europe’s biggest hub for technology start-ups despite the twin challenges of Brexit and Covid, a study showed Thursday. The Mayor’s promotional agency London & Partners said US$25.5 billion (RM106.5 billion) was invested in fledgling tech firms in 2021....
Source: malaymail - 🏆 1. / 86 Read more »
Malaysia announces two flagship initiatives to catalyse digital economy, investment opportunities, says minister | Malay MailDUBAI, Jan 12 — Malaysia is introducing two flagship initiatives which will drive and catalyse the digital economy as well as investment opportunities in Malaysia and the region. Communications and Multimedia Minister Tan Sri Annuar Musa said one is the DE Rantau programme, which is aimed at...
Source: malaymail - 🏆 1. / 86 Read more »