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Thursday, July 20, 2017

Arrests soon over FIC's hotel purchase, says MACC



The Malaysian Anti-Corruption Commission (MACC) will very soon make some arrests over the Felda Investment Corporation's (FIC) hotel purchase in London, says its chief commissioner Dzulkifli Ahmad.
"As what MACC deputy chief commissioner Azam Baki had said, we are going to arrest some individuals soon, during working hours.
“Just wait," he said when pressed for the specific date of the arrest.
Dzulkifli said this when met at the launch of drama series "Benteras", which is a collaboration between the Malaysian Anti-Corruption Commission (MACC) and Fantasy Film Sdn Bhd, here today.
He also refused to disclose the number of people to be arrested or their positions.

“We will make the arrests and conduct further investigation. Should there be a need to make further arrests, we will do that too,” he said.
The MACC had opened an investigation paper on FIC's purchase of a hotel in Kensington, London between 2013 and 2015, allegedly at much higher price than the original, which had caused the Felda subsidiary to suffer millions of ringgit in losses.
The FIC reportedly acquired the four-star hotel for £60 million (RM330 million) on Dec 16, 2014.
- Bernama 

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