In his opening statement, deputy public prosecutor Afzainizam Abdul Aziz said Isa had, in his capacity as the director of Felda Investment Corporation Sdn Bhd , played an active role in the purchase of the Merdeka Palace Hotel & Suites in Kuching, Sarawak, from developer Gegasan Abadi Properties Sdn Bhd for RM160 million.
“The prosecution will show that Mohd Zaid had tabled paper work on the proposal to purchase the hotel at RM137,640,965.89, but Isa, as the director of the board, decided not to proceed with the purchase,” he said. Afzainizam said the prosecution would also show that the accused had received RM3 million from Gegasan Abadi director Ikhwan Zaidel through his former special officer, Datuk Muhammad Zahid Md Arip, in nine instalments.
“The prosecution will prove that the hotel purchase sale and agreement dated June 27, 2014, and payment made by FICSB was against the mandate given by Felda.
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