KUALA LUMPUR (Aug1): The Malaysian Anti-Corruption Commission (MACC) yesterday arrested the former chief executive officer of Felda Investment Corp (FIC) to assist in the probe into the purchase of a hotel in Kensington, London, Bernama reported.

MACC investigation director Datuk Simi Abd Ghani confirmed the arrest and said the suspect is expected to be remanded at Putrajaya magistrate's court today.

The man arrived at the MACC headquarters yesterday morning to give his statement in connection with the investigations, Bernama reported.

The hotel was allegedly purchased at a higher price which saw the investment arm of Felda losing millions of ringgit.

Two senior management personnel from two firms were arrested last week by the anti-graft body to assist investigations into the purchase of the London hotel.

SHARE
SPONSORED CONTENT
Binastra Business Park Pulau Meranti II @ Puchong to scale businesses with green, sustainable jumbo-sized industrial factories in prime economic state

Helmed by Binastra Land Sdn Bhd, a well established real estate developer with a proven track record, Binastra Business Park Pulau Meranti II @ Puchong rises as a new industrial icon in Malaysia.

read more
RELATED POSTS
  1. MACC issues another forfeiture notice on properties linked to late Tun Daim
  2. Felda says Terengganu’s 'vacate land within three days' order too stringent, asserts legal rights under federal laws
  3. Ken Holdings buys nine central London residential units for £5.16m