Felda must reveal who is real owner of London property, says Rafizi

The Malaysian Insight

PKR vice-president Rafizi Ramli says his attempts to search for a record of FIC London Hotel (Pte) Ltd in the UK directory of companies, have drawn a blank. – The Malaysian Insight file pic, October 15, 2017.

A LAWMAKER today asked the Federal Land Development Authority (Felda) to reveal who were the real owners of a London property that has been surrounded by controversy.

PKR vice-president Rafizi Ramli said his research into the Grand Plaza Kensington in London turned up surprising results.

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  • ....... there were two IPIC ....... now we have two FIC ....... are they connected?

    Posted 4 years ago by Malaysian First

  • Another 1MDB saga ? When a company is registered in the virgin island or Vanuatu , its a suspicious deal and normally theft and corruption has a part in it .
    Anyway ,this secrecy act by many countries is a part of the evil scheme to shelter thieves and robbers.

    Posted 4 years ago by Steven Ong

  • First, these supposedly Felda owned properties in London were found to be not owned by companies registered in London as claimed by Felda’s latest audited financial statements. But, instead, these companies were found to be registered in British Virgin Islands (based on land title search), whose ownership remains a mystery.
    Now, the latest, Rafizi has found out that one of the BVI-registered owners, FIC London Hotel Pte Ltd, which owns the Grand Plaza Kensington Hotel, was actually struck off from BVI’s registry of companies in May 2016, per its government gazette dated 19th May 2016.
    So, what happens to the ownership of these London properties now? Still with the de-registered BVI companies, whose owners have never been revealed? Or some other new owners?
    Surely the chairman of Felda, Sharir, and PM Najib can’t continue to keep their golden silence when such massive assets of Felda seem to be hanging in the air?

    Posted 4 years ago by Kim quek