According to the hansard of a Public Accounts Committee (PAC) hearing dated March 7, former Customs director-general Datuk Seri T Subromaniam said the department had not wanted to accelerate the refund process, because tax refund claimants would then be questioning why they had yet to receive their refunds.
Pegasus said the company and GE Properties Sdn Bhd had both mutually agreed to cease the letter of award (LoA) for the job.
"One funder [for YR1M] was 1MDB. The second was companies within the Genting Group. We also received a small amount of money from Petronas — that was for very specific projects."
Unfortunately, the GST collections were not deposited directly into the Fund for GST Refunds, and this had caused delays in GST refund payments for more than a year. Instead, the GST collections that were deposited directly in the Consolidated Revenue Account were used for other purposes by the previous government. The delays in GST refunds had caused severe financial complications for the taxpayers.
Ung said the funds do not belong to YR1M and she had been directed by the late Azlin to transfer the funds via whatsapp message.
The contract is for the proposed Dual Lane Road from Al-Islah Junction to Al-Jabayish at Nasirya City.
“The Bai'al-Inah Islamic facility was offered, where a facility agreement, a sales agreement, a purchase agreement and a government guarantee agreement was formulated."
BLand said the proposed acquisition is in line with the group’s geographical diversification and revenue expansion.
Pua said Putrajaya has so far received RM26 billion of the RM30 billion special dividend from the national oil corporation.
Two of the transactions included the descriptions for 'loan' purposes, Wedani said.
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