Isa Samad to be charged tomorrow?

Former Felda chairman Isa Samad.

PETALING JAYA: Former Felda chairman Isa Samad is expected to be charged tomorrow, believed to be over the purchase of hotels by Felda Investment Corporation (FIC), the investment arm of the national land agency.

Isa’s lawyer, K Kumaraendran, told FMT this after the former Negeri Sembilan menteri besar was questioned by the Malaysian Anti-Corruption Commission (MACC) for about 20 minutes today.

Isa arrived at the MACC headquarters in Putrajaya at 11am.

“He gave an undertaking to appear in court tomorrow.He was not remanded,” Kumaraendran said when contacted.

Isa was arrested by the MACC in August last year in connection with the purchase of hotels between 2014 and 2015, one in London and another in Sarawak.

The London hotel is likely the four-star Grand Plaza Kensington Hotel which FIC acquired on Dec 16, 2014.

The hotel has 62 rooms and is located at Lexham Gardens in the exclusive district of Kensington and Chelsea.

Preliminary investigations by MACC revealed that FIC was believed to have bought the hotel at a much higher price than the market price, resulting in FIC allegedly losing millions of ringgit.

The four-star hotel in Kuching is also believed to have been bought at a price much higher than the original value.