World · Malaysia Bureau
Ex-Felda subsidiary chief held four more days in graft inquiry
A former chief executive of a federal land development authority subsidiary has been remanded for an additional four days as authorities investigate corruption allegations. The extension was granted by a Putrajaya court on Monday.
LSN Malaysia ·
The former chief executive officer of the Felda subsidiary was ordered to remain in police custody until September 13 for further questioning related to the ongoing corruption investigation. Investigators are examining the executive's alleged involvement in financial irregularities at the organization.
The remand extension was approved by a magistrate in Putrajaya, allowing the anti-corruption task force to conduct additional interviews and gather further evidence. The executive has been cooperating with authorities since the initial detention.
Felda, a federal statutory body responsible for agricultural land development schemes, has been undertaking a comprehensive review of its subsidiary operations. The investigation forms part of broader efforts to strengthen governance and financial accountability within the organization's corporate structure.
The case reflects heightened scrutiny of senior management decisions at major state-linked institutions. Investigators are examining financial transactions and procurement decisions made during the executive's tenure at the subsidiary.