SPRM buka 7 kertas siasatan isu Felda, anak syarikat

Malaysian Anti-Corruption Agency SPRM has launched seven investigations into the controversial agribusiness firm Felda. The investigations, which focus on alleged fraud, misuse of power, and corruption surrounding Felda's investments and its subsidiary, Felda Investment Corporation Sdn Bhd (FIC), were triggered by former Prime Minister Anwar Ibrahim's claim that the company suffered almost RM10 billion in losses due to mismanagement and excessive political interference, according to Harian Metro.

The extensive probe, headed by SPRM's Inspector General Abd Halim Aman, scrutinizes Felda and FIC's investment transactions and asset acquisitions from 2010 to 2020. Six new investigations were opened on August 24, with one ongoing investigation still active. These focus on issues such as overpriced asset purchases, Felda's subsidiary Syarikat Tataran Aras Sdn Bhd (Limbang, Sarawak), the acquisition of Grand Borneo Hotel Sdn Bhd in Sabah, and the purchase of London-based Grand Plaza Service Apartments.

The probe also examines the establishment of Felda Wellness Corporation Sdn Bhd, Felda House and Grand Felda House acquisitions, and allegations of bribery during the development of Kuala Lumpur Vertical City (KLVC). One of the older investigations is currently being reviewed in a joint legal assistance process and involves the Park City Grand Plaza complex, extending the scope of the seven investigations.

SPRM has summoned 12 individuals for assistance and statement-taking, including three FIC board members, FIC's managing director, two FIC employees, a tax consultant, three accountants from a tax firm, a Kuala Lumpur Land and Mines Department official, and a Kuala Lumpur Valuation and Property Services Department employee. Preliminary raids are expected to begin as early as next week.

The overall severity of the corruption charges remains undetermined as the probe is still in its early stages.