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Criminal fraud found in Felda's Jalan Semarak transfer

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Felda has set up an investigation committee to carry out a legal review on the alleged criminal fraud found in the Kuala Lumpur Vertical City (KLVC) project forensic audit on the transaction records and documents in 2014.
“The forensic audit report showed criminal fraud had been committed.
“The task of the investigation committee covers the Felda and FIC (Felda Investment Corporation) management.
“We’ll see the extent of the involvement of the 2014 Felda board members and FIC and whether legal action could be taken against them,” Felda chairman Shahrir Abdul Samad told reporters after chairing a Felda board of directors meeting last night.
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