Mindef lost RM258m in land swap deal with Syed Mokhtar — sources

KUALA LUMPUR (Feb 22): The Ministry of Defence (Mindef) allegedly lost RM258 million by selling the Royal Malaysian Air Force base in Kinrara, Puchong at a 34% discount to tycoon Tan Sri Syed Mokhtar Albukhary in a politically motivated land swap deal, said sources contacted by The Edge Financial Daily yesterday.

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'I have nothing to hide' says Hishammuddin over Mindef land swaps

KUALA LUMPUR (Feb 21): Former Defence Minister Datuk Seri Hishammuddin Hussein (pictured) has welcomed the findings from the Governance, Procurement and Finance Investigating Committee over the 16 land swap projects under the Ministry of Defence (Mindef) which allegedly led to losses of RM500 million.

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Patriot urges police, MACC to immediately probe Defence Ministry land swap deal

KUALA LUMPUR (Feb 20): Persatuan Patriot Kebangsaan (National Patriot Association), which comprises Malaysian military and police veterans, had today urged the police and Malaysian Anti-Corruption Commission (MACC) to immediately probe the alleged leakage of government funds believed to be in excess of RM500 million under the Defence Ministry’s land swap deal involving development projects.

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