MIC man lodges MACC report against ex-leader over 114-acre land transfer

M Lokanathan (orange shirt) claims 114-acre oil palm plantation was transferred to a company in which the former MIC leader is a director.

PUTRAJAYA: An MIC member today lodged a report with the Malaysian Anti-Corruption Commission (MACC) against a former party leader.

M Lokanathan alleged that the leader had transferred a 114-acre oil palm plantation owned by Koperasi Kebangsaan Permodalan Tanah Bhd (KKPTB) to a company.

Lokanathan, who is also a member of KKPTB, said the land should have been sold at RM68,000 per acre based on market value but was instead sold at RM11,200 per acre.

“114 (acres of) oil palm plantation were transferred to a company in which he is one of the directors,” he told reporters today.

According to Lokanathan, former MIC president V T Sambanthan had worked hard years ago to get the land for Dovenby Estate workers in Sungai Siput, Perak.

“The land is actually for housing for the people and cooperative members as promised during the 11th general election (2004),” he said.

MACC has confirmed receiving his report. FMT is in the midst of getting reactions from the former MIC leader.