Monday, March 9, 2015

MACC nabs Felda subsidiary CEO over Port Dickson hotel purchase

The Malaysian Anti-Corruption Agency confirmed on Monday that two people were arrested over alleged misappropriation of funds belonging to a Felda subsidiary.

Special operations director Datuk Bahri Mohamad Zin said one of two - the 44-year-old chief executive officer of the subsidiary - was arrested on March 1 and would be remanded until March 10.

He said the other suspect, a businessman, also 44, was nabbed on Feb 26 and was released when his remand ended on March 7.

The two men were detained in connection with the purchase of a hotel in Port Dickson worth RM40mil.

Bahri said the MACC have recorded statements from 23 people over the case.

It was earlier reported that the son of Felda group chairman Tan Sri Mohd Isa Abdul Samad was among two businessmen quizzed by the MACC over the purchase of a hotel in London.

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