PETALING JAYA: Mara Inc declared a higher purchase price on its fourth property in Melbourne than the actual price it paid for, said the National Oversight and Whistleblowers (NOW).
NOW executive director Rafizi Ramli (pic) said based on internal documents presented to Mara chairman Tan Sri Annuar Musa on May 20 last year, the 281 residential units at 746 Swanston Street were bought for RM138.6mil on Aug 28, 2012.
“However, checks by NOW on property website OnTheHouse showed that the business transaction for the 281 units in November 2012 was only for AUD$23.5mil (RM75.7mil).
“This means a difference of RM63mil from the amount approved by Mara,” Rafizi said in a statement on Thursday.
He said if the RM63mil was not paid by Mara, "then where is the money and who profited from this purchase?"
Following an expose by an Australian daily on the controversial Dudley House purchase by Mara, NOW alleged that there were further misappropriations in two other Mara properties involving more than RM50mil missing.
Rafizi added that another press conference would be held Monday to reveal the individuals behind the deals.
NOW executive director Rafizi Ramli (pic) said based on internal documents presented to Mara chairman Tan Sri Annuar Musa on May 20 last year, the 281 residential units at 746 Swanston Street were bought for RM138.6mil on Aug 28, 2012.
“However, checks by NOW on property website OnTheHouse showed that the business transaction for the 281 units in November 2012 was only for AUD$23.5mil (RM75.7mil).
“This means a difference of RM63mil from the amount approved by Mara,” Rafizi said in a statement on Thursday.
Following an expose by an Australian daily on the controversial Dudley House purchase by Mara, NOW alleged that there were further misappropriations in two other Mara properties involving more than RM50mil missing.
Rafizi added that another press conference would be held Monday to reveal the individuals behind the deals.
