A company director paid RM6.5 million for two plots of land and a bungalow before allegedly selling the properties to Dr Mohd Khir Toyo for only RM3.5 million, the former Selangor mentri besar’s graft trial was told today.
Property developer Saiful Aznir Shahabudin testified today that he sold his properties, which are located in Section 7 here, to Ditamas Sdn Bhd director Shamsuddin Hayroni in December 2004 for RM6.5 million.
“I asked for RM7 million,” said Saiful at the High Court here today.
“After some discussion, we agreed on RM6.5 million for both lots and the house,” added the CEO of Syarikat Permodalan Kebangsaan Bhd.
Khir, who helmed the country’s richest state for almost eight years, is accused of committing fraud in the deal involving his Balinese-style mansion.
The former Selangor opposition leader was charged with obtaining the two plots of land and the bungalow, which are located at No. 8 and 10, Jalan Suasa 7/1 L, Shah Alam, for himself and his wife Datin Seri Zahrah Kechik.
If found guilty, the Sungai Panjang assemblyman faces two years’ jail, a fine, or both under Section 165 of the Penal Code.
Saiful, who wore a black suit and yellow tie, said he bought the two plots of land, which measured 53,000 sq ft in total, for RM1.3 million in 1995 and 1996.
He added that he later built a 15,000 sq ft bungalow on one of the lots at a cost of between RM2.5 million and RM3 million.
“It has a garage for four cars, quite a large swimming pool, a gazebo, fish ponds, water features including a water fountain... a lot of trees,” said the 51-year-old businessman in a packed courtroom.
Shamsuddin, who was accused of abetting Khir in the deal, took the witness stand later today after the prosecution dropped all charges against him on Monday.
The balding 55-year-old businessman looked apprehensive and frequently paused throughout his testimony, leading Judge Datuk Wira Mohtarudin Baki to adjourn the hearing to tomorrow after Shamsuddin testified for just half an hour.
Shamsuddin said he, his friend businessman Datuk Sumadi Ismail, and Khir met Saiful in 2004 to discuss the latter’s proposed sale.
“Saiful offered the house for RM7 million. I thought it was too expensive,” said Shamsuddin, who swallowed repeatedly and licked his lips several times.
His lawyer, Tan Hock Chuan, told reporters after the hearing that Shamsuddin was unwell, but refused to elaborate.
comments
MACC ... how does a person with an MB salary afford even a RM3.5 million property? Don't you want to investigate?
ha ha ha...It is not a corruption case, there are just charging him on a "cheating" case: and the fine and jail term is so small in comparison to a "corruption case"
Buy for RM6.5M, and sell for RM3.5M.
Where got such thing? Do you believe? I don't.
i don't know there's a mega sale when buy properties you could get almost 50% discount. please let me know when they have properties mega sale again.
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