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Thursday, March 5, 2020

MACC initiates probe into Ku Nan's wealth

Malaysiakini

The MACC has launched an investigation into the wealth of BN secretary-general Tengku Adnan Tengku Mansor which was revealed to exceed hundreds of million ringgit.
MACC chief commissioner Latheefa Koya said she issued instructions for the anti-graft body to begin the probe after it was revealed in court that the former cabinet minister was once worth around RM900 million.
“MACC finds this to be a serious matter and I have given orders for investigations to start,” she told reporters at the Kuala Lumpur Court Complex today after appearing as a defence witness in the former prime minister Najib Abdul Razak's SRC International graft trial.
Latheefa (photo) was referring to a separate corruption trial involving Tengku Adnan, more popularly known as Ku Nan, yesterday in which details of the latter’s previous asset declarations to the cabinet were made known in court.
Yesterday, Ku Nan was infuriated when grilled by the prosecution in regard to his assets.
"When I say I don't want to declare myself (it is) because publicly you know why.
"Because now I have a problem with nearly a billion (ringgit) of assets. Because they want to sensationalise, that's why I feel I have been deprived," he had said.
Justice Mohamed Zaini Mazlan, however, ruled that the public must be allowed to hear the details for the trial to be transparent and fair.
Meanwhile, Latheefa stressed that MACC's issue is not about the revelation of the asset, but how Tengku Adnan obtained it.
"Our issue is not about the revelation of the asset, but how he got the asset. We have given the instruction to start an investigation," she said.
In his corruption trial today, Tengku Adnan also claimed that there was no need for him to accept funds from third parties as RM2 million is like a pocket money to him.
“I never asked the party president for money for political activities in my parliamentary constituency. I can source the funds myself. RM2 million is like pocket money for me," he said.
Tengku Adnan is facing a charge of accepting RM2 million from businessperson Chai Kin Kong via a cheque belonging to Aset Kayamas which was deposited into a bank account belonging to Tadmansori Holdings, a company owned by him.
He is charged with committing the act at CIMB Bank Berhad, Damansara City Center branch, here on June 14, 2016, under Section 165 of the Penal Code, which carries a jail term of up to two years or fine or both, upon conviction. - Mkini

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