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Felda instructed to act over KLVC project

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KUALA LUMPUR — Feb. 8, 2018: Felda has been instructed to take disciplinary and legal action against those who have been negligent in safeguarding the interests of the agency and its investment wing, Felda Investment Corporation Sdn. Bhd. (FICSB).

According to a statement from the Prime Minister’s Department today, said the forensic audit report conducted on the Kuala Lumpur Vertical City (KLVC) project showed that there was non-compliance with procurement procedures and negligence.

KLVC is a project being developed by Synergy Promenade Sdn. Bhd. (SPSB) on Jalan Semarak on land belonging to Felda.

The statement said the audit firm submitted a final report to the PMD on February 2 and the later then tabled the report to Prime Minister Datuk Seri Najib Razak as the minister responsible for Felda three days later.

“The prime minister agreed that a consultative council be set up to review the agreement between FICSB with SPSB and Synergy Promenade Kuala Lumpur Vertical City Sdn. Bhd.” it said.

Members of the committee are Datuk Dr. Yusof Ismail from the Finance Ministry; Economic Planning Unit  Director-General Datuk Nik Azman Nik Abdul Majid; Felda General Manager Datuk Ab. Ghani Mohd. Ali; Deputy Secretary-General at the PMD Datuk Zainal Abidin Abu Hassan and Public Private Partnership Unit Director-General Datuk Seri Ahmad Husni Hussain.

The PMD said Najib also agreed to the setting up of a domestic enquiry committee to take action on suggestions and recommendations in the audit.

The audit which began on January 4 encompassed all the processes, beginning with the proposal on the KLVC project and the project’s implementation to the Felda land title transfer issue.

Some 240 documents with Felda and FICSB as well as the Federal Territory Land and Mines Office and KL City Hall were studied by the audit, which also involved interviews with officers with the agencies. — Bernama

 

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