08
Jun
17

FGV’s Zakaria the latest victim of Isa Samad, claims Anak

FGV’s Zakaria the latest victim of Isa Samad, claims Anak

Felda Settlers’ Children Association claims the FGV chairman had placed other Felda, FGV executives in ‘cold storage’ in the past.

PETALING JAYA: The president and CEO of Felda Global Ventures Holdings Bhd (FGV), Zakaria Arshad, who has been ordered to immediately go on indefinite leave, is the latest “victim” of FGV chairman Isa Samad, claims the National Felda Settlers’ Children Association (Anak).

Recalling other cases, Anak president Mazlan Aliman claimed former Felda director-general Zulkifli Abdul Wahab was “cold storaged” over issues relating to FGV when Isa held the post of Felda chairman.

Mazlan alleged that Zulkifli’s successor, Faizoull Ahmad, was also placed in “cold storage” until he was charged in the Sessions Court recently.

“I had been told that Isa had, right from the outset, been uncomfortable with Zakaria.

“That is why whatever was done by Zakaria before Isa became chairman has now been dug up, among which is the issue of Delima Oil Products Sdn Bhd, a subsidiary of FGV. Felda is the controlling shareholder of FGV which is listed on Bursa Malaysia.

“But the decisions of Zakaria were made with the concurrence of the company’s board of directors,” Mazlan said when contacted by FMT today.

Zakaria was reportedly ordered to go on leave by the board to facilitate investigations of an alleged delay in payment by Afghan company Safitex to Delima Oil Products for palm oil products.

Mazlan described the action taken against Zakaria as a “mistake” because the FGV CEO was carrying out his mission to correct the shortcomings within FGV.

He said Zakaria should have been given room to complete his task.

…more
FGV’s Zakaria the latest victim of Isa Samad, claims Anak
June 6, 2017 – FMT

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