The Kuala Lumpur High Court was told today that former Felda chairman Tan Sri Mohd Isa Abdul Samad had surpassed a mandate in the purchase of a hotel for RM160 million in Kuching, Sarawak.
Former FICSB legislative and secretariat division chief, Siti Salwani Mohd Salleh, 41, said she learned this after the Malaysian Anti-Corruption Commission questioned and recorded her statements in relation to the hotel purchase. "If this rule is not observed, the FICSB board of directors is said to have gone ahead with the investment without meeting the requirements as mandated," she said.
"The hotel purchase is still valid under the sale and purchase agreement between Syarikat Gegasan Abadi Properties Sdn Bhd and FICSB. "However, no paperwork was prepared by FICSB board of directors after that," she said adding that FICSB deals in real estate investment business.
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