Witness: Felcra made RM150m investment on Bung's recommendation

A witness told the Sessions Court here today the RM150 million investment by the Federal Land Consolidation and Rehabilitation Authority (Felcra) in Public Mutual unit trust in 2015 was recommended by the then finance minister.

A member of Felcra’s board of director, Dr Habibah Suleiman, 72, said it was Bung Moktar Radin, who was then the agency’s non-executive chairperson, who informed the board that the investment was recommended by the finance minister.