KUALA LUMPUR — Dec. 21, 2017: Felda will do whatever is necessary to regain ownership of four parcels of land estimated at RM270 million on Jalan Semarak following a news report that raised questions about the deal.
Apart from a police report lodged on December 12, Felda also managed to register a caveat on the land, revoking the power of attorney and taking civil action.
The Prime Minister’s Department Regularity Unit will also appoint an independent auditor to conduct an internal inquiry.
“We expect an investigation to commence as early as January,” said Felda chairman Tan Sri Shahrir Abdul Samad at a press conference today which was also attended by Deputy Minister in the PM’s Department Datuk Razali Ibrahim and PM’s Department deputy secretary-general Datuk Zainal Abidin Abu Hassan.
According to Bernama, it was held following a report in the Berita Harian newspaper which said Felda was at risk of losing rights to the land.
The sales and purchase agreements involving four parcels of land were discovered in January this year when Shahrir over the agency’s chairmanship from Tan Sri Isa Samad.
The ownership of the land was reportedly transferred to Synergy Promenade Sdn. Bhd. in 2015. On discovering the deal, Felda immediately placed private caveats on the lots.
“We carried out an investigation to find out what had happened as well as how the SPAs were done without the knowledge of the Felda board,” said Shahrir.
Checks showed that ownership of the land measuring 16 hectares, the site of Felda’s former headquarters Anjung Felda and Wisma Felda, had been transferred to another company on July 21, 2016. This company is believed to have links with the project’s main developer.
Shahrir said that as of now the land parcels are protected, while confirming that Felda has not received any payment for the SPAs.
“We are not interested in the money (if the company were to pay for the land). We just want the land back,” he said.
He also named Synergy Promenade as both the seller and buyer. “Synergy Promenade has the PA and they sold the land to themselves.”