Friday, July 03, 2015

Mara Controversial Melbourne Property Deal : 2 senior Mara Inc officials Suspended

In the wake of investigations into the controversial property deal by the Majlis Amanah Rakyat (Mara) in Melbourne, Australia,  the Mara council suspended two Mara Inc Sdn Bhd senior officials from duty with immediate effect.

They are its chairman Datuk Mohammad Lan Allani, 59 and its CEO Datuk Abdul Halim Rahim, 54.
Announcing this yesterday, Mara chairman Tan Sri Annuar Musa said this was to facilitate investigations and for it to be done in a transparent manner.

He pointed out that this did not mean that Mara had found wrongdoings by the two.

Mara has appointed audit firm PricewaterhouseCoopers to conduct a thorough audit.

Wouldn't you think that this is the right move and a good one?

Apparently not,  according to some people. Why only them? Why not the entire board? After all, didn't the purchase of the Melbourne property go through the necessary procedure and process?

I suppose there is no pleasing everyone.

This is a serious matter and may open up a very old can of worms. Maybe not.

So, let the investigations carry on because we all want to know the truth. Mara, for many Malays and bumiputera is an institution close to their hearts because it has helped legions of young Malays and bumiputera in academic, vocational and skilled education and others in the community opportunities in businesses. Through Mara's help, thousands have come a long way - many from rural and remote areas.


Anonymous said...

I agree that Mara did not find any wrong doing at all. Not surprising at all. Mara is blind deaf and mute when it comes to eerie things (like paying too much) happening. They think the money belongs to them even though it came from the Rakyat. So don't blame the employees if they also wanna steal.

Question: why go all the trouble of setting up companies in foreign tax haven when we have our own in Labuan? Don't ask Mara - after all it is puasa month. Lol.

Lee said...

Hi Nuraina, this coming to you from Canada....its a pity today's news of Malaysia not very favorable what with MAS problems, etc etc...
I am in Canada, and past 26 years hardly ever get to read news of Malaysia, but of late, past couple of years keep seeing "In Malaysia..."....
Feel sad to read of whats going on there....

And to think my time the news or scandals was of PM Tunku Abdul Rahman playing poker or having a glass of brandy "for medicinal reasons". Or of a minister playing the piano at a nightclub. Or couple of UMNO VIPs seen at a Rose Chan show.
Begitu la.
You have a nice day, keep well,
best regards.



it is sickening I know. Let's hope the investigations will be thorough.



keep up with what's happening now. You will be stunned by the goings-on in Malaysian politics right now. A little scary for some people,