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Thursday, December 21, 2017

Felda lodged police report against land developer, says Shahrir



The Federal Land Development Authority (Felda) has lodged a police report over possibilities of fraud allegedly involving the master developer of a project being built on its land along Jalan Semarak, Kuala Lumpur.
Felda chairperson Shahrir Samad said the report against the company was just one of the options being pursued, in order to reclaim ownership of four parcels of land with an estimated total value of RM270 million.
"The most important thing for us is that we must reclaim ownership of the land... Even though a master developer has been appointed for the project, our interpretation is that the ownership must remain with us.
"On Dec 12, after this matter and its entire chronology was raised to the Prime Minister’s Department and the attorney-general, Felda lodged a police report over possibilities of alleged fraud in the transfer of land ownership," Shahrir told a press conference at the Felda headquarters.
"The company was given the power of attorney, and it transferred ownership of the land to itself.
"The power of attorney was accorded on June 3, 2014, but only approved by Felda's board of directors on Sept 2, 2014," he said.
Shahrir had earlier claimed that he was first made aware of the deal, which involved four sale and purchase agreements, sometime in January, when he was first appointed to head Felda.
Malaysiakini is withholding the company's name pending an official response.
[More the follow]

- Nkini

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