Tag: Thamarai Holdings
Despite ongoing probe by MACC into land deal, Court of Appeal rules sale of Kampung Gatco to Lotus Group subsidiary was above board, orders settlers to pay costs.
Gatco settlers allege land deal was far below market value.
Isu pertikaian Ladang Gatco bermula apabila peneroka tidak berpuas hati dengan penjualan ladang itu dan mendakwa wujud penyelewengan dalam penjualan tanah terbabit.
Anti-graft agency act following month-long probe and prior arrest of alleged middleman, by nabbing brothers and top officials in family-run group.
MACC chief commissioner Dzulkifli Ahmad says man, aged 69, is an important witness in the ownership transfer of the land concerned.
Thamarai Holdings says settlers damaged property and disrupted the company's activities in disputed land.