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Probe into Felda’s KLVC project complete, MACC to press charges

MACC chief Abd Halim Aman says it will seek the AGC's consent to proceed with the charges against two former senior executives from Felda and its investment arm.

Probe into Felda’s KLVC project complete, MACC to press charges

The Malaysian Anti-Corruption Commission (MACC) has completed its investigation into allegations of misappropriation involving the Kuala Lumpur Vertical City (KLVC) project, which is linked to Felda and its investment arm, Felda Investment Corporation (FIC). MACC chief commissioner Abd Halim Aman announced that statements from 30 witnesses, including Felda board members and management, have been recorded in connection with the KLVC investigation.

Two individuals, a former Felda director-general and a former FIC chief executive officer, were arrested last Sunday over the case. The MACC will recommend charges against these individuals based on the investigation papers and will seek the Attorney General’s Chambers’ consent to proceed with the prosecution. Additionally, former Felda chairman Isa Samad had his statement taken by the MACC at the Sungai Buloh Prison on Thursday in connection with seven investigations into alleged misappropriation, abuse of power, and corruption involving investments at Felda and FIC.

The probe, dubbed Op Fella, is focused on investment transactions and asset acquisitions by Felda and FIC over a 10-year period from 2010 to 2020.

Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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