S’wak Report: Millions of Maika funds channelled to Vell Paari-linked firms

Millions in ringgit have been allegedly channelled to companies linked to Maika Holdings CEO S Vell Paari (above) prior to the shuttering of the MIC-owned company in 2009, says whistle-blower website Sarawak Report.

In a newly-released article, Sarawak Report claimed the monies were transferred to the companies associated with Vell Paari in the form of cash and other payments between 2003 and 2009.