On 3rd August 1999, a Settlement Agreement was sealed in between Nazri Abdullah as well as Mohd Noor Mutalib, a majority shareholders of Realmild during a time, as well as a company, Realmild (M) Sdn Bhd. The purpose of a Agreement was to write-off a RM148 million shareholders advances -- which was shown as RM182 million in a 1997 Annual Report though got marked down a year later. Hence RM34 million had somehow disappeared over that one-year or so. THE CORRIDORS OF POWER Raja Petra Kamarudin When ... Read More
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