AG Report: Felda's fishy venture spawned RM45mil loss

  • Nation
  • Monday, 21 Nov 2016

PETALING JAYA: Felda lost more than RM45mil in a fish farming venture in one of its subsidiaries, the Auditor-General revealed.

The 2015 Auditor General Report (Series 2) also said Felda lost another RM28mil in four subsidiary and sub-subsidiary companies that were set up without the approval of the Finance Minister.

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