Mara was ‘scammed’ of A$18.3 million (RM62.9 million) when its investment arm Mara Inc purchased the student flats at 746, Swanston Street in Melbourne, Pandan MP Rafizi Ramli says.

Although purportedly leaked documents from Mara Inc show that it had acquired the property for A$41.8 million (RM120.5 million), Rafizi said, reports from Australian property consultants, based on state records, recorded a transaction of only A$23.5 million (RM67.7 million) at the address at that time.