Mara chairman suspended, internal audit on sponsorship of Kelantan FA (Update)

KUALA LUMPUR: Majlis Amanah Rakyat (Mara) and Pelaburan Mara Bhd (PMB)'s chairman Tan Sri Annuar Musa has been suspended with immediate effect today.

It is learnt that all positions held by Annuar Musa at Mara and PMB will be taken over by Mara Council member, Datuk Dr Yusof Yacob.

The decision was made during an emergency meeting held at the Mara headquarters here this morning.

Following the meeting, Yusof told reporters that Mara will be conducting an internal audit meeting on Feb 7.

He said the Mara council will summon several individuals including Annuar regarding allegations involving misuse of power.

"The internal investigation will involve the recent expose of documents regrading the sponsorship by Universiti Kuala Lumpur (UniKL) and PMB for the Kelantan 'The Red Warriors' football team," he said.

He further explained that the internal audit will only involve the alleged misuse of power by Annuar on the The Red Warriors sponsorship and not the purchase of four Mara assets in Melbourne, Australia.

The sale and purchase of those assets, he said, is a separate issue and is unrelated to the allegations involving Annuar as Mara and PMB chairman.

"While awaiting the decision, let us give Annuar a chance to take a break first as he is an individual of interest in this issue. (The suspension is also) is to prevent him from obtaining any detailed information on the audit investigations," he added.