Mahathir Implicated In UMNO Secret Slush Funds

 

(FMT) – A member of PPBM’s Supreme Council has called for an investigation into an allegation of a secret Umno slush fund.

Muhammad Faiz Na’aman said the allegation of the secret bank account would implicate former Umno presidents, and was a betrayal of Umno’s members, Malaysiakini reported.

The allegation of a secret bank account was made in a suit filed by the government to seize funds which were allegedly linked to 1Malaysia Development Bhd. Umno had claimed that money the government wanted to seize belonged to the party.

However, the prosecution claimed that the money was held in a secret unaudited account used to receive political donations and contravened provisions of the Societies Act.

Faiz was quoted as saying the fact that the account existed since 1988 would implicate former Umno presidents. At that time, Dr Mahathir Mohamad was Umno president.