This was after a witness who was allegedly implicated in Isa’s purchase of Merdeka Palace Hotel & Suites was engaged in a verbal exchange with Isa's lawyer Datuk Salehuddin Saidin.
The atmosphere in the court began warming up when Salehuddin contended that Zaid was the one who had interest in the Kuching hotel, but he instead put the blame on Isa. The other contentions made by the counsel only made the situation more tense, and the witness was accused of intentionally pushing the blame on other individuals including the FICSB board of directors and the company’s external secretary.
He nevertheless did not voice his disagreement in the 10th FICSB board meeting which took place on April 29, 2014.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Witness: Isa said there was no need to table proposal for hotel acquisition in board meetingKUALA LUMPUR: Former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad had excluded the tabling of proposal for the acquisition of Merdeka Palace Hotel & Suites, costing RM160 million, in the Felda board of director’s meeting, the High Court heard. 1.WHY during Felda Board Meetin, Isa 'exclude' tabling RM160 Million proposal 4 acquisition of Hotel? 2.(Isa told lies? Said part of Felda Board Members r ALSO FIC Board Members).BUT FIC CEO said only 5 names in Both Board. Note-over RM100M investment by FIC needs Felda approval
Source: NST_Online - 🏆 17. / 53 Read more »
Witness: Najib told Isa Samad to review hotel acquisition | Malay MailKUALA LUMPUR, Oct 16 — The High Court heard today that former Prime Minister Datuk Seri Najib Tun Razak had asked former Felda chairman Tan Sri Mohd Isa Samad to review the proposed acquisition of the Merdeka Palace Hotel & Suites (MPHS) in Kuching, Sarawak. Former Felda Investment... Government got no business to be in business!
Source: malaymail - 🏆 1. / 86 Read more »