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Several FGV individuals under MACC probe

Several FGV individuals under MACC probe

KUALA LUMPUR, June 9 — Investigations on Felda Global Ventures Holdings Berhad (FGV) is underway with several individuals from the crude palm oil producer under probe, the Malaysian Anti-Corruption Commission (MACC) announced today.

The commission’s assistant director of operations Datuk Azam Baki also said the FGV headquarters was raided yesterday to confiscate relevant documents to help with the investigations.

He added that MACC, which is currently going through the documents, will be calling up those involved to take their statements soon.

Azam also said that the MACC was focusing on six areas of investigation on FGV and would need to dig deeper before concluding that any wrongdoing had been committed.

“All these issues have to be researched thoroughly to ensure that there is an element of corruption and misuse of power before any further action is taken under the law,” he said in a statement today.

The officer also reminded the public not to speculate on the case and to let the MACC do their duty without fear or favour.

“The MACC pleads to all parties to give space and time to the investigators and not make any speculations that can disrupt the investigations,” Azam added.

FGV president and CEO Datuk Zakaria Arshad and three other FGV officials have been put on indefinite leave this week pending internal scrutiny into alleged irregularities over the delayed payment owed to a subsidiary, Delima Oil Products Sdn Bhd, and Afghan firm Safitex.

The others suspended alongside Zakaria were FGV chief financial officer Ahmad Tifli Mohd Talha, FGV Trading chief executive officer Ahmad Salman Omar, and Delima Oil Products senior general manager Kamarzaman Abd Karim.

– See more at: http://www.themalaymailonline.com/malaysia/article/several-fgv-individuals-under-macc-probe#sthash.c3F2U05h.dpuf

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