Former Prime Minister Datuk Seri Najib Tun Razak is seen with former Felda chairman Tan Sri Mohd Isa Abdul Samad at the Kuala Lumpur Court Complex, October 8, 2019. — Picture by Hari Anggara
“The BOD took note of what was informed by Tan Sri Isa and there was no query or objection among the board members at that time,” he said. He said, in this regard, when the chairman informed that the prime minister ordered for a review, the DOB was in the opinion that FICSB should review the earlier decision to reject the acquisition of the hotel.
The witness said the BOD at its 8th meeting on Feb 26, 2014, had agreed not to continue with the hotel acquisition as the project was neither viable nor profitable.
Government got no business to be in business!
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Isa Samad trial: Request to review rejected hotel acquisition deal came from Najib, court toldKUALA LUMPUR: The request to review a rejected proposal to acquire the Merdeka Palace Hotel and Suites in Kuching came from Datuk Seri Najib Razak, the High Court heard on Wednesday (Oct 16). Main taichi, kisah lama dtg utk menghantui😆😆😆 1. FIC board rejected Hotel acquisition 2. Isa receives 'request' frm Najib review acquisition 3. Isa ordered FIC CEO review it 3. Next day, Isa ordered FIC CEO, continue wit acquisition (to help political activities in Sarawak). Who's the Swak Politician who owns Merdeka Hotel? 🤣🤣🤣🤣🤣
Source: staronline - 🏆 4. / 75 Read more »
Najib instructed Felda subsidiary to review Kuching hotel acquisition proposalKUALA LUMPUR: Datuk Seri Najib Razak’s name cropped up in the High Court today when it was revealed that he instructed Felda Investment Corporation Sdn Bhd (FICSB) to revaluate the Merdeka Palace Hotel & Suites acquisition proposal.
Source: NST_Online - 🏆 17. / 53 Read more »