Monday, 14 Oct 2019 11:17 PM MYT
KUALA LUMPUR, Oct 14 — The High Court here heard that all Board Members of Felda Investment Corporation Sdn Bhd should act in accordance with the Memorandum and Articles of Association of the company. “As a FICSB Board Member, Tan Sri Isa has a responsibility towards FICSB, a subsidiary of Felda,” said the ninth prosecution witness when reading a witness statement on the fourth day of Mohd Isa’s trial for criminal breach of trust and corruption involving more than RM3 million in the purchase of Merdeka Palace Hotel and Suites in Kuching.
“The duties of the FICSB secretary also is to file the annual financial report of the company upon the approval of the Board of Directors and Shareholders issuing a board meeting notice and recording the minutes of the BOD,” said the 10th witness, who held the post from March 30, 2015, until Oct 20, 2017.