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Friday, December 14, 2018

Isa charged over RM3m kickbacks in Felda hotel deal


Former Felda chairperson Isa Samad was today charged at the Sessions Court in Kuala Lumpur with one count of criminal breach of trust and nine counts of accepting kickbacks worth more than RM3 million.
This is in relation to Felda's purchase of its hotel in Kuching.
The CBT charge is under Section 409 of the Penal Code, while the graft charges are under Section 16 of the MACC Act which is punishable under Section 24 of the same Act.
Isa, formerly a longtime Negeri Sembilan menteri besar, is charged with CBT with regards to the purchase of the Merdeka Hotel & Suites in Kuching for RM160 million without the approval from the Felda board of directors.
He is alleged to have committed the offence as a director of Felda Investment Corporation Sdn Bhd.
He claimed trial before Sessions judge Azura Alwi.
The judge set bail at RM800,000 with one surety and ordered Isa to surrender his international passport. The next mention date for the case is Jan 25.

[More to follow] -Mkini

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