KOTA KINABALU: Investigations into a third hotel purchased by Felda Investment Corporation (FIC) Sdn Bhd are still in its early stages and have yet to reveal any wrongdoing, says the Malaysian Anti-Corruption Commission (MACC).
Its deputy commissioner for operations Datuk Azam Baki said it was premature to conclude that FIC's purchase of the three-star Grand Borneo Hotel in Kota Kinabalu was made at an inflated price.
