Former Kedah MB accuses Azizan of lying over FGVH shares


Azizan previously pronounced he was unaware of a share purchase. File pic
ALOR SETAR, Jul 20 Kedah antithesis leader Datuk Seri Mahdzir Khalid currently accused Mentri Besar Datuk Seri Azizan Abdul Razak of "lying" to save himself following a squeeze of Felda Global Ventures Holdings (FGVH) shares by Kedah State Development Corporation (PKNK).
Mahdzir pronounced which as a mentri besar as well as authority of a state firm, Azizan would know about a squeeze of a 500,000 shares.
"I used to be a mentri besar as well as authority of PKNK. All cheques above RM1 million released by PKNK contingency be sealed by several people as well as a single of them was a chairman," he said.
Mahdzir pronounced in a statement here currently which PKNK would have to emanate a coupon for RM2.275 million to buy a 500,000 shares priced during RM4.55 per unit.
"A coupon for this amount contingency be sealed by Azizan. I consternation because he lied to a people by saying it transient his knowledge."
He pronounced Azizan's attitude is regrettable as he mostly took a escape track as well as refused to be obliged for any issues which did not favour him.
Recently, PKNK bought 500,000 FGVH shares during RM4.55 per section although Pakatan Rakyat against its inventory on Bursa Malaysia.
The Kedah state supervision then destined PKNK to sell off a FGVH shares.
Azizan had pronounced a squeeze of a shares transient his knowledge as well as which it was common use as PKNK was since a right to squeeze shares deemed profitable. Bernama
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