Governance slip found in Felcra’s RM241mil plantation acquisitions


PETALING JAYA: The Auditor-General’s Report 2/2025 found governance weaknesses in the implementation of leasing procurements for Felcra Berhad involving one oil palm plantation in Sandakan, Sabah, and three in Gua Musang, Kelantan, with acquisitions worth RM241.76mil from 2022 to 2024.

Felcra Berhad went ahead with the RM62.29mil procurement for one oil palm plantation, known as the Telupid estate, despite a feasibility study concluding that the land was not economically viable due to poor soil and uneven terrain.

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