Business · Malaysia Bureau
MACC records statement from Isa at Sungai Buloh Prison
The Malaysian Anti-Corruption Commission has taken a statement from a detainee at Sungai Buloh Prison regarding alleged corrupt practices and misappropriation involving Felda and its investment arm.
LSN Malaysia ·

The Malaysian Anti-Corruption Commission (MACC) has recorded a statement from a detainee at Sungai Buloh Prison as part of an ongoing investigation into suspected corruption and misconduct. The inquiry centers on asset purchases and investments made by Felda and Felda Investment Corporation, which authorities suspect may involve corrupt elements and financial irregularities. The MACC's move comes as the anti-graft body continues its probe into the management and financial transactions of the statutory bodies. Felda, the Federal Land Development Authority, oversees large-scale agricultural development schemes across Malaysia, while its investment arm manages portfolio diversification. The investigation represents part of broader scrutiny into governance and financial accountability within Malaysia's state-linked enterprises. Further details regarding the scope of the investigation and the identity of individuals under examination have not been disclosed by authorities.