09-30-2021, 10:15 AM
ALOR SETAR: The RM13 million said to have been wired overseas from the state-owned Menteri Besar Incorporated (MBI) could be an investment in a biotech company doing cancer research, former Kedah menteri besar Mukhriz Mahathir said today.
He said the research company has a significant number of shares owned by Malaysians as well as a federal agency involved in high-tech matters.
In a statement, Mukhriz said this was based on his assessment of bank transfer documents shown by Kedah menteri besar Muhammad Sanusi Md Nor during a press conference on Sept 23.
Last week, Sanusi revealed that RM13 million in MBI funds were transferred to a Barclays Bank account in Canada during Mukhriz’s time as menteri besar.
Mukhriz again denied insinuations or claims that he was a beneficiary of profits made by MBI, and repeated his pledge to cooperate with any investigation.
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