FIC hotel purchase: Arrests will be made soon, says MACC


CYBERJAYA: The Malaysian Anti-Corruption Commission (MACC) will make several arrests very soon over Felda Investment Corporation’s (FIC) hotel purchase in London, says its chief commissioner Dzulkifli Ahmad.

“As what MACC deputy chief commissioner Azam Baki said, we are going to arrest some individuals soon, during working hours.

“Just wait,” he said when pressed for the specific date of arrest.

Dzulkifli said this today when met at the launch of drama series “Benteras”, a collaboration between the MACC and Fantasy Film Sdn Bhd.

He refused to disclose the number of people who would be arrested or their positions.

“We will make the arrests and conduct further investigations. Should there be a need to make further arrests, we will do that too,” he said.

MACC opened an investigation paper on FIC’s purchase of a hotel in Kensington, London between 2013 and 2015, allegedly at a much higher price than the original, which had caused the Felda subsidiary to suffer millions of ringgit in losses.

FIC reportedly acquired the four-star hotel for £60 million (RM330 million) on Dec 16, 2014.