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Bung Moktar trial: Ex-CFO says Felcra board knew RM150m investment risks

This article is 2 years old

Former Felcra Bhd group chief financial officer Mohd Azmy Abu Samah told the Sessions Court today that Felcra's board of directors was aware that the decision to invest RM150 million in Public Mutual Berhad's unit trust was risky.

Azmy, 54, however, said he requested the board of directors to consider the investment proposal when presenting it in a board meeting.

“However, the decision on the investment was not...

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