MRB chairman Sankara Nair had said earlier he had “concrete evidence”, including pictures and documents, to show EPF knew about the controversial sale of 2,800 acres in Sungai Buloh for RM1.5 billion, below the market price of RM2.3 billion.

In a statement to FMT today, EPF also said it understood the matter was being investigated by the auditor-general.

“Therefore, we feel it is inappropriate for us at this juncture to make any further comments,” it said.

On Jan 4, Primary Industries Minister Teresa Kok claimed that MRB had sold the plot of land to ATNB, a special purpose vehicle of the finance ministry, for RM1.5 billion.

ATNB then sold 2,330 acres of the land to EPF-owned Kwasa Land Sdn Bhd for RM2.28 billion.

Earlier today, Sankara said the formal agreements were signed on Aug 16, 2011 by MRB, ATNB and Kwasa Land at an official signing ceremony.

“This indicates EPF had full knowledge and was fully apprised of the price at which MRB sold the land to ATNB,” he told FMT.

He said Kwasa Land should have bought the land directly from MRB to enjoy a discount instead of going through ATNB and causing MRB to lose RM800 million.