The government has appointed former minister Idris Jala to look into the crisis involving Felda Global Ventures Holdings Bhd (FGV).

In a media statement, the Prime Minister's Office said Idris has been appointed as an “independent party” to establish the facts of the case and recommend the way forward following FGV board’s decision to suspend its chief executive officer, chief financial officer and two other senior members of the management team.

The PMO also confirmed that the relevant parties had agreed to the appointment.

Those consulted were Federal Land Development Authority (Felda) chairperson Shahrir Samad, FGV chairperson Isa Samad, FGV chief executive officer Zakaria Arshad and FGV CFO Ahmad Tifli Mohd Talha...