Bung Moktar denies of RM2.8mil was expected from Felcra investment

The Star

Kinabatangan MP Datuk Seri Bung Moktar Radin has dismissed allegations that he and his wife, Zizie Izette Abdul Samad, were set to receive a RM2.8mil payout from Felcra Bhd’s RM150mil unit trust investment.  Describing the accusation as a "malicious assumption," Bung asserted that he never abused his position as Felcra’s non-executive chairman for personal gain.  Bung took the stand as the first defence witness in his graft trial involving RM2.8mil at the Kuala Lumpur Sessions Court on Thursday (Sept 4). His wife, Zizie Izette, is accused of abetting him.  Read more at https://tinyurl.com/5n8p6my3  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00Kinabatangan MP Datuk Seribung Mokhtar Radin has dismissed allegations that he and his wife, Zizi Izzet Abdul Samad,

00:08were set to receive a 2.8 million ringgit payout from Felcra BHD's 150 million ringgit unit trust investment.

00:17Describing the accusation as a malicious assumption,

00:21Bung asserted that he never abused his position as Felcra's non-executive chairman for personal gain.

00:28Bung took the stand as the first defense witness in his graft trial involving 2.8 million ringgit at the Kuala Lumpur sessions court on Thursday.

00:36His wife, Zizi Izzet, is accused of abetting him.

00:40During cross-examination by the prosecution, Bung disagreed with suggestions that his actions related to the investment

00:46were beyond his scope of duty as chairman and lacked the board's written approval.

00:52He also refuted the suggestion that the investment proposal bypassed due process,

00:58explaining that Felcra's finance department was part of the top management.

01:03Bung Mokhtar, then Felcra's non-executive chairman, was charged in May 2019 with two counts of allegedly accepting bribes

01:12as inducement for Felcra's approval to invest 150 million ringgit in public mutual unit trusts.

01:21Zizi Izzet faces three counts of abetting her husband over the same matter.

01:26The trial before Judge Rosli Ahmad resumes on September 24th.

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