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10 APRIL 2024

Saturday, April 14, 2012

Mohd Isa manipulating Felda on all corners: ANAK


Isa manipulating Felda on all corners: ANAK
Isa Samad’s octopus tentacles have now tightened the grip on every part of Felda, said the chairman of whistleblower group National Felda Settlers’ Children Association, or ANAK.
According to Mazlan Aliman, this has been the case since the Felda chairman's controversial self-appointment as chairman of the land development authority’s cooperative, Koperasi Permodalan Felda (KPF), after ousting former chairman Dzulkifli Abd Wahad in August last year.
Isa had also sent a letter to prime minister Najib Razak suggesting that Dzulkifli, who is Felda general-manager, be ordered to go on a nine-month study leave. Besides Dzulkifly, it was earlier reported that KPF deputy general manager Abidin Abdul Rahman was demoted and transfered to the PM’s Department for a menial role.
Mazlan revealed that Isa had used his power to terminate three KPF board of directors in Felda Holding, namely Zainal Hassan, Dzulkifli Abd Wahab and Raja Sharifudin, through a letter dated March 22, 2012.
In Felda Global Venture Holding’s listing plan to Bursa Malaysia, Felda will take control of 51 percent in KPF’s equity in FHB and other shares in the companies under Felda Holding Berhad, converting these to 1,265 million normal unit vote-able shares in FGVH, or 37 percent from all the FGVH expanded shares.
However the shares will be given to the investment holding company (IHC), and as a return, KPF is given priority shares but without voting powers in IHC.
Mazlan said Isa was appointed to head the IHC during a meeting with deputy minister in the PM’s Department Ahmad Maslan on December 14 last year.
The PAS central committee member also claimed that he had received information that Isa had set up Felda Global Ventures Plantations (Malaysia) Sdn Bhd in the background to take over Felda Plantations Sdn Bhd.
“Most worrying is out of 12 directors on Felda Plantations, only two will join the new company, Isa and Sabri Ahmad (group president and chief executive officer of Felda Global Ventures Holdings and Felda Holdings Berhad). Just imagine, the absolute power in the hands of Isa Samad and Sabri Ahmad,” he lamented.
“If this is the case before the listing, imagine what they could inflict after the listing,” he added.
Mazlan had earlier lodged a report with the Malaysian Anti-Corruption Commission, calling for a probe into Isa’s alleged power abuse.
Among others, he accused Isa of abusing his power in awarding a project called ‘Ceria ke Sekolah’ worth RM2.75 million through direct negotiation, as well as the contract for distributing “Proviton and Vitamin C Flavettes Sugar” worth RM1.59 million.
In addition, he alleged irregularities in Isa’s Hari Raya open house at his Port Dickson residence which cost RM353,375 and at his wife Bibi Sharliza’s residence, costing RM17,875. The amount, according to Mazlan, far surpassed RM30,000 allocated by Felda for such events, which are normally held at the organisation's premises.
-Harakahdaily

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