Isa doesn't deny signing PA letter on Felda land transfer

Diyana Ibrahim Diyana Ibrahim Updated 8 years ago · Published on 12 Mar 2018 7:22PM · 4 Comments

Isa Samad, who held the post of Felda chairman from 2011 to January last year, has not denied that he signed a power of attorney letter that led to the ownership transfer of Felda's Jalan Semarak land. – The Malaysian Insight file pic, March 12, 2018.

ISA Samad has not denied a deputy minister’s statement that the former Felda chairman had signed a power of attorney (PA) letter, transferring ownership of the agency’s Jalan Semarak land.

“If a deputy minister has said such a thing… it can’t be that he said something untrue,” Isa told The Malaysian Insight when asked if he was the one who had signed the document.

Isa was chairman of the agency from 2011 to January last year.

He was also chairman of plantation unit Felda Global Ventures Holdings Bhd from January 2011 to last June, and Felda Investment Corporation from 2013 to last year.

Deputy Minister in the Prime Minister’s Department Razali Ibrahim earlier today told Parliament that the transfer of the Felda property in Jalan Semarak for the development of the Kuala Lumpur Vertical City was signed by the agency’s former chairman and general manager.

Razali, who was answering a question from PKR MP Fauzi Abdul Rahman on the matter, said he is revealing the information without the intention of pointing fingers at anyone.

The Muar MP said the case is still under forensic auditing, adding that 240 documents, including board meeting minutes, have been seized as part of investigations.

He said the probe has led to many findings and recommendations.

Last December, it was found that ownership of the 66,000 sq m land in Jalan Semarak had been transferred to a private developer in 2015 without the knowledge of the Felda board.

In a series of dubious transactions, Felda had handed over PA to the firm to develop the land, estimated to be worth RM1 billion, leading to the transfer of the land title.

Last week, Felda confirmed that it has regained possession of all the 16 lots in Jalan Semarak that had been transferred to Synergy Promenade Sdn Bhd. – March 12, 2018.

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Comments

  • Accuse him now and absolve him after GE 14. That’s UMNO’s game plan. Like all the other cases.

    Posted 8 years ago by Joe Blog · Reply

  • Quite clearly they are dragging this out and looking for loopholes/coverups/easy exit for Isa Samad because GE is here and Isa Samad, if throwned the book, could topple Najib himself at least even UMNO/BN

    Posted 8 years ago by Bigjoe Lam · Reply

  • Isa is playing stupid and making the entire Felda folks look like idiots! He'll soon make the SPAD look like a bunch of circus clowns!!!

    Posted 8 years ago by Crishan Veera · Reply

  • Can this gomen tell us WHY IS THIS ADMITTED CROOK STILL BEING GIVEN ANY POST AT ALL?

    Posted 8 years ago by Ramamurthi ram · Reply