FIC: RM190mil paid for two plots of land


PETALING JAYA: Felda Investment Corp Sdn Bhd (FIC) has clarified that £34mil (RM190.11mil), inclusive of applicable taxes, was paid for two plots of land which house the Felda House and Grand Felda House.

In a statement yesterday, FIC said that during a webcast on Oct 26, Parti Keadilan Rakyat vice-president Rafizi Ramli had alleged that FIC had been defrauded of £14mil (RM78.28mil), as the audited financial statements of FIC for the financial year ended Dec 31, 2014 disclosed that the land price was £34mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih
FBM KLCI rebounds to hit fresh two-year high
Asian FX subdued after mixed US data; equities set for weekly gains
Global manufacturing activity recovery to continue gradually into 2024 - S&P Global
Country Garden plans to present debt revamp plan in second half, sources say
Oil prices on track to snap two-week losing streak
MAA Group sells entire 58% stake in Turiya for RM52.86mil
Majuperak, Shizen to explore solar photovoltaic development in Perak
Asia stocks rise, yen plumbs 34-year low as BOJ stands pat on rates
Fernandes: AirAsia Group to be listed on Bursa Malaysia in September

Others Also Read