RM1,280,000 bribe paid to the Bank Rakyat Chairman (part 10)

Bank Rakyat granted GM Healthcare Sdn Bhd Islamic banking facilities of RM64 million to finance the construction, commissioning and maintenance of the new Shah Alam hospital. But the ‘under the table’ deal was far from Islamic. Dr. Zainol Che Mamat, the company’s Chairman, paid the Bank Rakyat Chairman a bribe of RM1,280,000 for the banking facilities.

THE CORRIDORS OF POWER

Raja Petra Kamarudin