Gerakan Youth acting chief Jason Loo Jieh Sheng arrives at the Penang High Court, on April 8, 2019. — BBX-Images: Former Penang chief minister Lim Guan Eng told the High Court yesterday that the Peel Avenue land was sold to Island Hospital in December 2016 upon approval from the state executive council .
He said the Peel Avenue land was alienated in December 2016 to CMI and the agreement to sell the land to Island Hospital was signed in the same month that year. He said the selling price of Peel Avenue land, which is RM156 million, was higher than the market value of RM148 million. In February 2018, Lim filed three separate defamation suits against Loo, The China Press Bhd and Guang Ming Ribao.
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