Isa seeks FGV board meeting minutes

  • Nation
  • Thursday, 24 Jan 2019

KUALA LUMPUR: Former chairman of FGV Holdings Berhad Tan Sri Mohd Isa Abdul Samad will file an application to obtain a document relating to FGV’s minutes of meeting of the company’s board of directors and approval purchase of a luxury condominium near KLCC, which was said to have been bought above market price.

The application for the discovery of documents is about a suit filed by FGV Holdings against Mohd Isa and former president and chief executive officer Datuk Mohd Emir Mavani Abdullah in its attempt to claim RM7.69mil over the purchase of the property.

Lawyer Joshua Goh told the press that his client would file the application this week.

He said Mohd Isa no longer had access to the documents as he resigned as chairman two years ago, hence the application.

On Nov 30, FGV, as the plaintiff, had stated through a Bursa Malaysia filing that the Troika condominium units were acquired without proper due diligence and through wrongful and unauthorised use by both defendants.

The suit also pertains to the acquisition of a number of cars and their misuse by Mohd Emir, as well as misuse of petrol benefits.

FGV is seeking damages against the defendants, including RM4.54mil for the total acquisition, use and possession of Troika units, RM3.14mil in relation to the pool of cars and RM10.84mil for petrol benefits against Emir.

The deputy registrar had fixed Feb 11 for case management, Goh said.

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