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FGV appoints independent firm for forensic audit

KUALA LUMPUR: Federal Land Development Authority’s (Felda) subsidiary, FGV Holdings Bhd, has appointed an independent audit firm to conduct a forensic audit regarding specific matters involving an entity with corporate ties to the group.

FGV appoints independent firm for forensic audit

Federal Land Development Authority's subsidiary, FGV Holdings Bhd, has engaged an independent audit firm to conduct a forensic audit into certain matters connected to a corporate entity associated with the group. The decision to appoint independent auditors is part of broader actions by Felda to enhance governance and transparency, as recommended by the Prime Minister, the Malaysian Anti-Corruption Commission (MACC), and a Special Committee focused on the direction of Felda 2030.

This move is aimed at improving the overall management of the Felda Group for its long-term sustainability. Felda Group management remains committed to maintaining the highest standards of governance, accountability, and compliance across all its operations.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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