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Friday, January 5, 2018

Felda scandal - police take statement from Isa Samad



Police are recording former Federal Land Development Authority (Felda) chairperson Isa Samad's statement today over the Jalan Semarak land transfer deal scandal.
“I can confirm Isa arrived at 10.30 am today to give his statement about this Felda deal.
“He came with several of his personal assistants. We are in the process of taking down his statement.
“As today is Friday, we will continue after Friday prayers,” Commercial Crimes Department (CCID) director Amar Singh Ishar Singh told reporters at Tower 238 in Kuala Lumpur where Isa had arrived earlier.
It was earlier reported that Isa was supposed to have his statement recorded yesterday but had requested it be postponed to today.
Some 30 reporters had been waiting at the tower's lobby since 9am but failed to catch a glimpse of Isa who is believed to have arrived through another entrance.
Amar also disclosed that police have so far recorded eight witness statements over the matter with Isa's being the ninth.
He said Isa is being probed under Section 420 of the Penal Code which covers cheating and dishonestly inducing delivery of property.


Last Dec 21, Malay daily Berita Harian exposed that Felda risked losing ownership of its land in Jalan Semarak in the capital worth RM200 million after the transfer of the land through allegedly dubious transactions since 2015.
The daily later cited an independent valuer as estimating the land to be now worth around RM1 billion.
The alleged transfer is believed to have occurred when Felda Investment Corporation Sdn Bhd (FIC), helmed by Isa at the time, appointed a local company on June 3, 2014 to develop the land.
Isa was Felda chairperson from 2011 to January last year, Felda Global Ventures Holdings Bhd (FGV) chairperson from Jan 1, 2011, to June 19, 2017 and FIC chairperson since it was established on July 2, 2013 until 2017. -Mkini

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