Tuesday, August 15, 2017

HOORAY! ISA SAMAD ARRESTED



Bekas Pengerusi Felda Isa Samad telah ditangkap petang ini berhubung dengan pembelian  sebuah hotel di Kengsington London yang mengakibatkan kerugian besar kepada Felda Investment Corporation's.




The former Felda chairman was previously questioned over the deals. He was moved out from the company and made acting chairman of the Land Transport Commission two months ago.
Isa arrived at the Malaysian Anti-Corruption Commission headquarters around 2.40pm and was accompanied by two lawyers. However, Isa went to the office on his own. 
MACC deputy chief commissioner Azam Baki confirmed the arrest at 4.20pm.
The anti-graft agency opened an investigation into FIC's purchase of a hotel in Kensington, London, between 2013 and 2015 at an inflated price, which resulted in the Felda subsidiary incurring millions of ringgit in losses.
FIC reportedly bought the four-star hotel for £60 million (RM333 million) on December 16, 2014.
It was reported that MACC opened an investigation into FIC's purchase of a hotel in Kuching after obtaining information during the investigation into the London property purchase.
In an immediate reaction, Cynthia Gabriel from the Centre to Combat Corruption and Cronyism told The Malaysian Insight in a text message: “It’s an amazing development… The writing has been on the wall.
“We congratulate the MACC for this bold move and hope that no stone will be left unturned as more big names could be linked to the Felda corruption.
“We recommend a special tribunal of independent persons to dissect the issues and call for a revamp to the  entire governing system in Felda.” – August 15, 2017.(dari The Malaysian Insight)
(Zamkata)

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