Prosecution hands over 10 documents in former FIC CEO's cheating case
KUALA LUMPUR: The prosecution has handed over 10 documents to the defence in the case of former Felda Investment Corporation (FIC) Sdn Bhd chief executive officer Mohd Zaid Abdul Jalil.
The prosecution has provided the defence with 10 documents in the case of former Felda Investment Corporation (FIC) Sdn Bhd CEO Mohd Zaid Abdul Jalil, who is accused of deceiving the FIC board of directors about the market valuation of 24 parcels of land owned by the agency. The case involves two charges under Section 417 of the Penal Code, with Zaid facing up to five years' imprisonment, a fine, or both upon conviction for each count.
The first count alleges deception regarding the appointment of a development company, while the second charge concerns the market valuation of the land parcels. The next mention for the case is set for December 14 at the Sessions Court in Kuala Lumpur.
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