MACC officers seize documents from Felda HQ

MACC officers seize documents from Felda HQ

Anti-graft agency's visit to Menara Felda comes barely 24 hours after CEO Zakaria Arshad met with MACC over alleged improprieties.

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KUALA LUMPUR:
Malaysian Anti-Corruption Commission (MACC) officers today retrieved documents from Menara Felda as the anti-graft agency began its investigations into Felda Global Ventures Holdings Bhd (FGV).

Over 10 MACC personnel were spotted at the building at 10am.

MACC’s visit to Menara Felda comes a day after it promised to investigate several company officials for alleged corruption and abuse of power.

The FGV board of directors, the world’s third-largest palm plantation operator, had on Tuesday, ordered FGV president and CEO Zakaria Arshad to go on an indefinite leave of absence as it conducts an internal investigation into transactions involving a subsidiary.

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Zakaria has denied any wrongdoing and even called on the MACC to conduct its own investigation into the allegations made by the company against him, and into the company itself, asking the anti-graft agency to focus on the procurement department.

MACC’s visit today also comes a day after Zakaria had a four-hour meeting with the agency in Putrajaya to assist in investigations into alleged improprieties involving the company.

Zakaria, who was appointed CEO in April last year, was asked to go on leave pending the outcome of investigations into the issue of a delayed payment by Afghan company Safitex to FGV subsidiary Delima Oil Products.

Apart from Zakaria, FGV chief financial officer Ahmad Tifli Mohd Talha and FGV Trading CEO Ahmad Salman Omar were also asked to take a leave of absence.

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