The High Court here was told today that former Felda chairman Tan Sri Mohd Isa Abdul Samad
“It was set in the mandate that projects of over RM100 million managed by FICSB, a subsidiary of Felda, must have the approval of the Felda Board of Directors. “However the MPHS purchase is still valid under the sale and purchase agreement between Syarikat Gegasan Abadi Properties Sdn Bhd and FICSB ... it was the Board of Directors responsibility to prepare the paperwork for approval of the purchase.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Isa Samad’s RM3 mil corruption trial begins MondayThe charges relate to an approval of a proposal for the purchase of a hotel in Kuching for Felda Investment Corporation Sdn Bhd. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Prosecution to prove Isa Samad got more than RM3 million in bribes | The Malaysian InsightFormer Felda chairman is accused of receiving the money in exchange for a purchase approval pertaining a Kuching hotel.
Source: msianinsight - 🏆 8. / 63 Read more »
Isa Samad defied Felda's mandate with RM160 million hotel deal, court toldThe prosecution says FIC was only given the mandate to enter into investments below RM100 million. FMTNews
Source: fmtoday - 🏆 5. / 72 Read more »
Prosecution says will prove ex-Felda chairman Isa Samad received more than RM3m in bribes | Malay MailKUALA LUMPUR, Oct 7 — The prosecution will prove that former Felda chairman Tan Sri Mohd Isa Abdul Samad had received more than RM3 million in bribes over the approval of the purchase of a hotel in Kuching, Sarawak, by Felda Investment Corporation Sdn Bhd (FICSB). Deputy Public Prosecutor... A (habit) already since he was a MB Negeri 9 ?
Source: malaymail - 🏆 1. / 86 Read more »
Former 1MDB CEO did not blame Najib over scandal, court hearsKUALA LUMPUR: A witness told the High Court that he did not blame former prime minister Datuk Seri Najib Razak over the scandal involving 1Malaysia Development Berhad (1MDB).
Source: staronline - 🏆 4. / 75 Read more »
Day 17: Jho Low pegged me as a person who is not a 'busybody' - witnessLIVE | 1MDBTrial 10.30am - Shahrol studied at Stamford University, barely managed to graduate Follow our live reports at
Source: malaysiakini - 🏆 20. / 51 Read more »