UPDATE: Mara will provide answers tomorrow (wonder why tomorrow...), says chairman Annuar Musa.
EARLIER POSTING:
We want explanation, clarification.
This time from Majlis Amanah Rakyat or Mara. After Felda was 'cleared' for that big purchase in London (many just don't believe it but once cleared is cleared), we go Down Under now.
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The headline Corrupt Malaysia Money Distorts Melbourne Market doesn't sound nice. In fact, its embarassing.
However, names were mentioned, Mara was singled out.
![]()
The Aussies call it part of a global money laundering and bribery scheme engineered by greedy local developers and powerful officials overseas.
Malaysians are involved, pocketing $4.75 million in bribes on this single deal.
What was it? The Dudley House project in 2013 - to house Malaysian students!
Come on Mara! You better save those asses fast! But was it only Mara?
Read the whole story here...
EARLIER POSTING:
We want explanation, clarification.
This time from Majlis Amanah Rakyat or Mara. After Felda was 'cleared' for that big purchase in London (many just don't believe it but once cleared is cleared), we go Down Under now.
The headline Corrupt Malaysia Money Distorts Melbourne Market doesn't sound nice. In fact, its embarassing.
However, names were mentioned, Mara was singled out.
The Aussies call it part of a global money laundering and bribery scheme engineered by greedy local developers and powerful officials overseas.
Malaysians are involved, pocketing $4.75 million in bribes on this single deal.
What was it? The Dudley House project in 2013 - to house Malaysian students!
Come on Mara! You better save those asses fast! But was it only Mara?
Read the whole story here...