FGV's Zakaria grilled by MACC for four hours
Felda Global Ventures Holdings Bhd (FGV) president and chief executive officer Zakaria Arshad was today questioned for four hours by the Malaysian Anti-Corruption Commission (MACC).
Zakaria, who arrived at the MACC headquarters in Putrajaya at around 2.20pm, told reporters that he was there to assist investigations on allegations concerning mismanagement in the company.
"I will also submit several documents," he said...
Felda Global Ventures Holdings Bhd (FGV) president and chief executive officer Zakaria Arshad was today questioned for four hours by the Malaysian Anti-Corruption Commission (MACC).
Zakaria, who arrived at the MACC headquarters in Putrajaya at around 2.20pm, told reporters that he was there to assist investigations on allegations concerning mismanagement in the company.
"I will also submit several documents," he said.
On Tuesday, Zakaria and three other FGV officers were asked to take an indefinite leave of absence for allegedly violating the corporate code of governance.
FGV chairperson Isa Abdul Samad said this was a decision made by the entire board.
Zakaria claimed he had tried to stop hundreds of millions in investments by the company's board which he described as "ridiculous".
While Zakaria was being questioned, Putrajaya announced former minister Idris Jala will act as an independent party to look into the decision to suspend the FGV officials.
Emerging from the MACC headquarters at around 6.30pm, Zakaria lauded the decision.
"It's a good move as there will be no issue of bias... it is an appropriate and smart move by the government to appoint a third party," he told journalists.
Zakaria said he was treated well by the MACC, which is expected to question him again tomorrow.
He also stressed that he will not resign from FGV as he had done no wrong.
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