KUALA LUMPUR: The Sessions Court was told that Felcra’s proposal to invest RM50mi in Public Mutual Berhad unit trusts was made without the chief executive officer (CEO) Datuk Ramlee Abu Bakar knowledge as there was a “cold war” happening within the Federal Land Consolidation and Rehabilitation Authority (Felcra).
Former Felcra group chief financial officer (CFO) Mohd Azmy Abu Samah, 54, said he did not announce the investment proposal after discussion with the chief investment officer (CIO) Datuk Zulkarnain Md Eusope.
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