Isa ‘received RM3mil from hotel sale’


KUALA LUMPUR: Tan Sri Isa Samad’s (pic) criminal breach of trust (CBT) and corruption trial opened with the prosecution saying that it will prove that the former Felda chairman had abused his position in the purchase of a hotel in Kuching at an inflated price, and received gratification of over RM3mil for the deal.

Deputy Public Prosecutor Afzainizam Abdul Aziz, in his opening statement, said Isa – in his capacity as director of Felda Investment Corporation Sdn Bhd (FIC) and chairman of its board of directors – had played an active role in the hotel’s purchase by the Felda subsidiary from Gegasan Abadi Properties Sdn Bhd at an inflated price of RM160mil.

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