Two timber firms in Sabah transferred two payments totaling $4.04 million on August 16, 2006 into the corporate UBS account belonging to the former Musa associate. Six days later on August 22, the exact same amount was transferred into a personal UBS account belonging to Musa’s lawyer. The Hong Kong anti-graft agency described that account as “held in trust” for Musa, according to the bank statements and investigation documents.
That same day, the firms won a 32,000 hectare (124 sq miles) timber concession and a contract to maintain a road to a logging camp, according to the Malaysian anti-graft agency document.
The owners of those two timber firms confirmed to Reuters that the $4.04 million transactions were “donations” to Musa and UMNO to secure the contracts. They requested their names and the names of their firms not be identified.
Malaysia’s government has said all the funds in that UBS account were ultimately sent to UMNO as political donations. Other firms on the list of companies that received timber concessions could not be reached or declined to comment.