malaysiakini logo
ADS
story-image
mk-logo
News
PAC: Mara bought overpriced UK, Aussie properties after MOF said no
ADS

Mara Incorporated Sdn Bhd overpaid for three properties in Australia and the United Kingdom in 2013 and 2014, even though the Finance Ministry had rejected its application to buy those properties, the Public Accounts Committee was told.

The purchase was only greenlit after Mara Inc appealed to the Economic Council, a council led by then-prime minister Najib Abdul Razak. Najib was also the finance minister.


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Already subscribed? Sign In

Unlock 7 stories for free

By submitting my information, I am agreeing to the terms and conditions

or
Subscribe Now to Enjoy Unlimited Access
View Comments