In 1994, according to affidavits filed by one-time CEO Tajudin - TopicsExpress



          

In 1994, according to affidavits filed by one-time CEO Tajudin Ramli after a falling out with Prime Minister Mahathir Mohamad, Tajudin bought a controlling 32 percent of MAS shares at an inflated price of RM8.00 at Mahathir’s behest – while the shares were trading at RM3.30 – using disguised funds from government-linked companies to shift the excess to cover massive speculation losses in foreign exchange by Bank Negara, the country’s central bank.
Posted on: Tue, 01 Apr 2014 01:27:55 +0000

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