Isa Samad Questioned on Felda Land Issue by Police

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Former Felda chairman the ninth person to be called up for questioning as police investigate the transfer of land ownership worth an estimated RM270 million.

Tan Sri Mohd Isa Abdul Samad went to the Bukit Aman Commercial Crime Investigation Department yesterday to give a statement pertaining to a probe into the transfer of ownership of four plots of land in Jalan Semarak, Kuala Lumpur, that belonged to Felda.

Isa arrived at the department at about 10.30 am on Friday with four aides.

CCID director Amar Singh Ishar Singh said the police had called eight individuals, including Felda officers and developers, to record their statements and that the statement of another Felda officer would be taken on Monday.

He said that as of now, the investigation only focused on the issue of transfer of ownership of the Felda land.

On Dec 21, Berita Harian reported that Felda risked losing its right to the strategically located land in Jalan Semarak, estimated to be worth RM270 million, after its ownership was transferred in an alleged dubious transaction in 2015.

The transfer was made after Felda Investment Corporation Sdn Bhd (FIC) appointed a local private company on June 3, 2014, to develop the land and awarded it full power of attorney.

Isa was the chairman of Felda and its listed unit Felda Global Ventures Holdings Bhd (FGV) when the transfer took place. He still holds the chairman’s post in FIC.

Related reports:

Dec 27, Shadow Cast over ID Company in Felda Land Transfer

Dec 22, Felda Wants Jalan Semarak Land Ownership Back