Najib instructed Felda subsidiary to review Kuching hotel acquisition proposal

The former prime minister’s name was mentioned by former FICSB chief executive officer Mohd Zaid Abdul Jalil on the sixth day of the criminal breach of trust and corruption trial of former Federal Land Development Authority chairman Tan Sri MohdZaid who was the 15th prosecution witness said he received a phone call from Isa in February 2014 who instructed him to revaluate the proposal on the hotel acquisition.

The 48-year old witness said he received the call from Isa two weeks after the FICSB board made the decision not to pursue the hotel acquisition from land developer Gegasan Abadi Properties Sdn Bhd. "I went to see Isa the day after the call to get an explanation from him and he told me to proceed with the acquisition.Zaid also testified that on April 18, 2014, he received a letter from Gegasan Abadi regarding an offer to sell Merdeka Palace to FICSB for RM165 million.Trial continues before judge Mohd Nazlan Mohd Ghazali.

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As board member, Isa had responsibility towards Felda Investment Corporation, court told | Malay MailKUALA LUMPUR, Oct 14 — The High Court here heard that all Board Members of Felda Investment Corporation Sdn Bhd (FICSB) should act in accordance with the Memorandum and Articles of Association (M&A) of the company. Former FICSB company secretary, Cheong Choon Yin, 48 said the board members...
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