External forensic audit a must, Azmin tells Felda
Bernama | June 21, 2018
The minister tells the federal agency to meet the highest standards of governance and best practices.
Minister of Economic Affairs Mohamed Azmin Ali was briefed by Felda today.
KUALA LUMPUR: Minister of Economic Affairs Mohamed Azmin Ali today told the Federal Land Development Authority (Felda), which is currently embroiled in a land deal scandal, that “it needs an external forensic audit to get to the bottom of this”.
However, it is not sure if the minister was referring to the land deal during his meeting with Felda today.
“I was briefed this morning by Felda director-general Ab Ghani Mohd Ali on Felda’s management and financial status,” he tweeted with a picture of the meeting.
This was followed by another tweet: “Azmin to Felda: Meet the highest standards of governance and best practices. We need an external forensic audit to get to the bottom of this.”
It was reported in December last year that Felda was at risk of losing its rights to its land in Jalan Semarak, estimated to be worth RM200 million, as a result of four allegedly dubious sale and purchase transactions.
The land transfer was believed to have occurred when Felda Investment Corporation Sdn Bhd gave full power of attorney to a local company, which was appointed the main developer of the land on June 3, 2014.
In March 2018, Felda regained possession of all the 16 lots of land along Jalan Semarak.
