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Reveal all on Felda Holdings, PAS warns govt

 | March 19, 2012

Party threatens to embarrass the government over Felda Global Ventures if the latter doesn't reveal all the details.

KUALA LUMPUR: PAS today warned the government to reveal all on Felda Global Ventures Holdings Berhad (FGVH), or risk being embarrassed over it.

Kubang Kerian MP (PAS) Salahuddin Ayub said that he was not satisfied with the government choosing to reveal only FGVH’s pre-tax profits.

He was convinced that FGVH was nothing more than an “investment loss”.

“We (PAS) really doubt FGVH’s performance, and we are worried about the government’s intention to list FGVH in the Bursa (Malaysia). It is a very big risk for Malaysians.”

“We have other documents (on FGVH) which I feel we can cast doubts on,” Salahuddin told reporters at Parliament lobby.

Last week, Deputy Minister in the Prime Minister’s Department told Parliament that FGVH recorded pre-tax profits of RM203 million and RM366 million in 2009 and 2010 respectively.

He also sent a written response to Salahuddin, reiterating this particular detail.

Clearly not satisfied with Ahmad, the PAS MP said that he would give three days for the deputy minister to respond in writing.



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