Stop negotiations and take action against Synergy Promenande, say Felda settlers

Diyana Ibrahim Diyana Ibrahim Updated 8 years ago · Published on 9 Mar 2018 6:35PM · 3 Comments

A general view of the Kuala Lumpur Vertical City Development on Jalan Semarak. Felda settlers are questioning Felda's move to negotiate with Synergy Promenade instead of taking action against the developer over a dubious land deal. – The Malaysian Insight file pic, March 9, 2018.

FELDA settlers are questioning Felda’s move to continue negotiations with Synergy Promenade Sdn Bhd (SPSB) instead of taking action against the developer over the Jalan Semarak land deal, said Persatuan Anak Peneroka Felda Kebangsaan (Anak).

Anak president Maslan Aliman said Felda should immediately liaise with the police on the investigations into the case.

“Shahrir Samad (Felda chairman) does not need to twist his words. What is this special committee for?

“If the land has been returned, then why is there the need to negotiate with SPSB, who is accused of cheating,” he told The Malaysian Insight.

Earlier today, Felda had regained ownership of the 16 plots of land along Jalan Semarak from SPSB.

Shahrir said the transfer is part of a new deal brokered with SPSB  on January 15.

“This is among the matters that were agreed upon, whereby Synergy would voluntarily switch the title deeds of the land with Felda,” he said at a news conference in Menara Felda, Kuala Lumpur, today.

The police investigation is focused on dubious transactions in 2015. Felda received no proceeds from four transactions worth RM270 million in connection with four plots of land along Jalan Semarak.

Berita Harian had quoted a source as saying that the transaction occurred after Felda subsidiary, Felda Investment Corporation Sdn Bhd (FIC), appointed SPSB to develop the land on June 3, 2014.

The newspaper estimated the value of the land at RM1 billion.

Shahrir had said today a special negotiations committee was created on February 8 to evaluate the land. The committee will be assisted by Public Private Partnership Unit (UKAS) of the Prime Minister’s Office and a Felda board member.

Shahrir added that the land is not in surety with any bank.

Mazlan chided Felda’s decision to continue the Vertical City development with SPSB at all 24 lots on Jalan Semarak.

“Shahrir had mentioned that they were not interested in continuing the development of Vertical City on Jalan Semarak land, so why is it continuing?

“Is this to cover the weaknesses of Felda over the Jalan Semarak deal?” – March 9, 2018.

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Comments

  • Listen carefully what Shahrir said - the land was returned not simply for NOTHING - SPSB will be getting a deal on the project for returning the land. SPSB stole the land, got caught and now they are returning what they stole for something a bit less valuable but valuable nevertheless. In other words, Felda still got ROBBED - for less but they got robbed.

    Posted 8 years ago by Bigjoe Lam · Reply

  • The issue is why SPSB is being treated with such kid glove? How many STILL NOTICED NOTHING HAS HAPPENED TO ISA SAMAD??? ALL THE TALK OF FORENSIC AUDIT, etc. and ISA SAMAD IS STILL LIVING LARGE..

    Posted 8 years ago by Bigjoe Lam · Reply

  • IN FACT, NOTHING HAS HAPPENED TO ANYONE - NO ONE HAS BEEN NAMED WHEN THEY HAVE HAD TO ADMIT ITS FRAUD...

    Posted 8 years ago by Bigjoe Lam · Reply