No paperwork made for purchase of Kuching hotel by Felda board of directors, High Court heard

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KUALA LUMPUR: Felda board of directors authorised a loan of RM100mil in 2015 to its investment arm to pay for the purchase of an RM160mil hotel in Kuching, despite the absence of paperwork to seek app

roval of the board for the purchase, the High Court heard on Wednesday .

During cross-examination by Salehuddin, Hanapi, 62, agreed that there was no instance of any member of the board of directors at Felda board meetings objecting to the purchase. Salehuddin: When you approved the payment, is it implied that it has been approved and now you just need to ratify the loan?Salehuddin: And if no board member questioned this, it is implied that the approval is there even though nothing formal has been tabled ?Later, under re-examination by Deputy Public Prosecutor Afzainizam Abdul Aziz, Hanapi however agreed that he was not aware that there was no approval for the hotel's purchase.

The offence under Section 409 of the Penal Code carries a jail term of between two and 20 years, whipping and a possible fine upon conviction.

 

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Is this for real?

not following d SOP yet approved by bod walauweiiii

The only paper work is the paper work to channel the rm3 million

I only knew he appointed by last regime leader. So.. This is the quality of leadership..

what!!!!

Hahahahahahaha. And yet these so called professionals paid handsomely

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