Felda to regain $89 mil Jalan Semarak land on dubious transfer deal

KUALA LUMPUR (Dec 21): The Federal Land Development Authority (Felda) is prepared to take all forms of action to regain ownership of the land estimated at RM270 million ($88.8 million) in Jalan Semarak here, following a report that raised questions about the land transfer deal.

Its chairman Tan Sri Shahrir Abdul Samad said apart from the police report lodged on Dec 12, other actions taken were registering a caveat on the land, revoking the power of attorney issued and taking civil action against the parties involved.

He said the Prime Minister’s Department Regularity Unit would appoint an independent auditor to initiate an internal inquiry into the issue.

---

Related Stories

• Felda's land lease deal review seen as negative for FGV
• Felda was cheated in Eagle High purchase, says director general

---