MACC approves 64 of 97 DBKL land deals under scrutiny
According to news reports, the land sales were conducted by DBKL during former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's tenure, for a value of around RM5.63 billion.
According to news reports, the land sales were conducted by DBKL during former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's tenure, for a value of around RM5.63 billion.
The administration cannot afford large compensation given its current fiscal condition
Former SRC director Suboh tells court he was directed to avoid MACC’s investigation.
He said the government-guaranteed loans were spent across “multiple investments”.
It was to cover interest, late payment penalty for RM4 billion KWAP loans.
"Possibly, now, the board member would have to resign or be removed," said Ismee.
Ismee stuck to his guns amid arguments by defence lawyer regarding discrepancies in SRC documents.
Ismee told the High Court here today that the board was unaware of several cash transfers that took place.
Ismee said he only got to know now that some of the personnel in SRC were close associates of the runaway businessman.
“UEM Group would like to state on record that it does not have an account at Maybank KL Main branch, neither does it have an account with the alleged account number as claimed by various social media sites,” it said in a statement today.