Strong Sabah connection in Mara’s Aussie buys
Mara Investment chairman Mohammad Lan Allani and Minister of Rural and Regional Development Shafie Apdal are from Sabah.
(Free Malaysia Today) – There’s a strong Sabah connection in the Majlis Amanah Rakyat’s (Mara) controversial purchase of properties in Australia.
Mara Investment chairman Mohammad Lan Allani, a former Sulabayan assemblyman, is one of three people named in The Age report on the government agency’s purchase of overpriced properties.
Mara Inc, the investment subsidiary of Mara headed by Mohammad Lan Allani, was directly implicated in the Australian article.
Mara comes under the Ministry of Rural and Regional Development. The Minister, Shafie Apdal, comes from Sabah and represents Semporna in Parliament. He’s also an Umno Vice-President.
Mara Chairman Annuar Musa has confirmed that “a proposal after being approved by the Mara Board, had to be approved by the Ministry of Rural and Regional Development, and then submitted to the Ministry of Finance (MoF) or the National Economic Council.”
Mohammad Lan could not be contacted but the social media has noted that he told the Australian newspaper that he “could not remember the Dudley House purchase”.
The newspaper apparently tracked Mohammad Lan through the Malaysian consulate website in Melbourne and spoke with him in May this year. He told The Age that he was “responsible for setting up offshore companies as a “convenient” way to dispose Malaysian government-owned property held overseas”.
The details uncovered by The Age paint a picture of a massive potential corruption scandal involving Mara.
According to its report, Mara, through its subsidiary Mara Inc, had in 2013 purchased a five-storey apartment block near Monash University in Caulfield, reportedly worth AUD17.8 million, at a vastly inflated price of AUD22.5 million (RM65 million).