PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) is expected to make arrests over alleged Felda mismanagement next week.
“The MACC opened investigation papers on Aug 24. Six investigation papers that were opened were on the assets bought above its market value, leading to losses to Felda,” MACC chief commissioner Datuk Seri Abd Halim Aman said at a press conference here on Wednesday (Sept 2).
Among the six identified assets that were purchased included the Grand Plaza Service Apartments in London and the construction of the Felda Wellness Corporation Sdn Bhd.
“Aside from the six that we opened, one more has been identified as a pending case that has yet to be closed. It will also be studied and reexamined by our side. As of now, 12 people have had their statements recorded including three board of directors members of the Felda Investment Corporation,” he said.
He also said that the MACC has yet to determine the valuation of funds being mismanaged or lost as investigations were still in its early stages.
Previously, Prime Minister Datuk Seri Anwar Ibrahim said that a proposal for a forensic audit to be conducted into the management of Felda will be discussed by the Cabinet.
