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05 June 2017

Felda Global Ventures Holdings Bhd (FGV) chairman Tan Sri Isa is keeping mum regarding rumours that he had proposed for the removal of CEO

FGV chairman, Isa Samad, keeps mum on rumours of Zakaria's removal

NST
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TANJUNG MALIM: Felda Global Ventures Holdings Bhd (FGV) chairman Tan Sri Isa Samad is keeping mum regarding rumours that he had proposed for the removal of group president and chief executive officer Datuk Zakaria Arshad.
He said the matter needed further deliberation before a statement can be made.
“I will consult board members. I can’t comment on the matter now and can’t say when the statement will be issued. This matter needs deliberation by the board before we can come to a decision,” he said when pressed further.
Isa also refused to confirm whether the issue was discussed in a meeting with board members, which allegedly did not involve Zakaria, on Friday.
“We discussed a lot of things, including the establishment of FGV academy to improve the skills and knowledge of our staff especially in plantation (FGV’s core business). We are in the midst of ironing out the details and have identified suitable locations including Trolak for the academy that is expected to start operation this year,” he said.
He had earlier attended Iftar at Felda Residence in Trolak.
It has been speculated that Isa was said to have proposed the move during a recent board meeting, allegedly citing a late payment by an Afghan company called Safitex, of which an FGV subsidiary had dealings with.
Blogger Raja Petra Kamaruddin had in a post yesterday said Zakaria was blamed for the matter as Safitex has not been able to clear the payment for shipment for September last year.

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