PETALING JAYA: The sale of the Sungai Buloh land, previously owned by the Malaysian Rubber Board (MRB), was under the instruction of the government, says a former minister. “Whatever land that belongs to the government belongs to the country and the government of the day instructed that it should be sold to ATNB (Aset Tanah Negara Berhad). In 2010, MRB sold a 2,800 acre plot of land in Sungai Buloh to ATNB, a special purpose vehicle of the Finance Ministry for RM1.5bil. The following year, ATNB sold 2,330 acre of the land to Kwasa Land Sdn Bhd, a wholly owned subsidiary of the Employees Provident Fund (EPF) for RM2.28bil. Auditor-General Tan Sri Dr Madinah Mohamad said they had carried out an audit on the land, belonging to MRB that was sold to ATNB.

Source: The Star January 04, 2019 21:33 UTC