Isa Samad Freed on RM150K Bail

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Tan Sri Mohd Isa Abdul Samad was released on bail when the Malaysian Anti-Corruption Commission (MACC) decided not to apply for an extension of his five-day remand.

Updated: Isa stays, business as usual at SPAD, according to Minister in the Prime Minister’s Department Nancy Shukri.

Yesterday, Isa arrived at the Putrajaya court complex at 9.50am where MACC prosecutors asked that the 68-year-old be released on an RM1 million bail.

His lawyers, however, argued that such an amount was unnecessary as their client had been cooperative.

“The fact that the MACC did not apply for his remand to be extended showed the level of cooperation given by our client,” said chief counsel Datuk K Kumaraendran.

Lawyer Datuk Khairul Anwar Rahmat added that Isa was not a suspect in the case but was merely assisting the MACC in its investigation.

Registrar of Subordinate Courts Datuk Zainal Abidin Kamarudin set bail at RM150,000 with two sureties.

After bail was posted, Isa was released at about 1pm yesterday and greeted by about 200 supporters and members of his family.

The Star reported that in Penang, Dev Kumaraendran, one of Isa’s legal team, said his client had fully cooperated with investigations and was ready to be called as a witness if there was any prosecution in the case.

It was also reported that Felda’s board of directors would make a decision on a report, which is expected to come from the domestic inquiry panel on four senior board members at the end of August.

“Whether they (the four being investigated) are guilty or not, we will decide (after receiving the panel’s report).

“The board will think of the next course of action.

“This is an internal investigation, so the board has the absolute right,” Bernama quoted FGV acting chairman Tan Sri Dr Sulaiman Mahbob as saying.

The four Felda employees being investigated are former group president and chief executive officer Datuk Zakaria Arshad, former group chief financial officer Ahmad Tifli Mohd Talha and two senior management officers.


Related reports:

Aug 16, Isa Samad in Court for Remand Proceedings

Aug 15, Isa Samad Arrested over FIC Hotel Deals

Aug 4, Two from Law Firm Arrested in FIC London Hotel Probe

Aug 1, Ex-Felda Chairman’s Aide Nabbed

Aug 1, Ex-FIC CEO Arrested over London Hotel Purchase

Jul 30, Three Detained over FIC’s Kuching Hotel Purchase

Jul 21, Two Arrested by MACC over FIC’s London Hotel Purchase

Jul 20, More FIC-Related Arrests Possible

Jul 17, MACC Raiding FIC Office

Jul 10, MACC to Open New Investigation Paper on Felda

Jun 21, Isa Neither Denies nor Admits to Any Wrongdoing

Jun 21, It’s Isa and Wife’s Turn After 60 Witnesses Gave Statements