Did Bung Moktar discuss RM2.8 million with investment agents?

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Bung Moktar Denies Discussing RM2.8 Million with Investment Agents

Datuk Seri Bung Moktar Radin, the Member of Parliament for Kinabatangan, testified that he had no discussions with Public Mutual Berhad investment agents regarding the RM2.8 million sum connected to Felcra Berhad's investment. He specifically denied any conversations, consultations, or agreements to receive gratification from agents Norhaili Ahmad Mokhtar or Madhi Abdul Hamid. Bung Moktar also stated he was unaware of any dealings between his wife, Datin Seri Zizie Izette, and Public Mutual.
No Consultations on Gratification Received

Bung Moktar asserted that the prosecution's suggestion that he received the RM2.8 million through his wife is untrue. He maintained that there were no discussions, consultations, or agreements between himself and the investment agents concerning any gratification. Furthermore, he testified that both Norhaili and Madhi, when questioned, stated that there was no gift, discussion, or instruction from him at any time for Zizie Izette to receive the money.
Disputed Claims Regarding Fee Reduction and Management

The Kinabatangan MP refuted the prosecution's claim that Norhaili Ahmad Mokhtar had requested a reduction of an introductory fee from RM3 million to RM2.8 million. Bung Moktar clarified that this was an unfounded assumption by the prosecution, as no such discussions, meetings, or requests regarding commission had taken place between him and the unit trust agents. He also disputed the assertion that he subsequently directed his wife, Zizie Izette, to manage the reduced fee.
Context of Corruption Charges

Bung Moktar was charged on May 3, 2019, with two counts of receiving bribes totalling RM2.2 million and RM262,500. These alleged bribes were purportedly given as an inducement to secure approval for Felcra's RM150 million investment in Public Mutual unit trusts. He is accused of receiving these amounts from Madhi Abdul Hamid through his wife, Zizie Izette, on June 12 and 19, 2015. Additionally, Bung Moktar faces a separate charge for corruptly obtaining RM337,500 in cash from another agent, Norhaili Ahmad Mokhtar, via a Public Ittikal Sequel Fund account registered under Zizie Izette's name.

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Did Bung Moktar discuss RM2.8 million with investment agents?

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