MACC opens 7 probe papers on Felda, subsidiary
The Malaysian Anti-Corruption Commission (MACC) has opened seven investigation papers into alleged corruption and misappropriation involving Felda and its subsidiary, Felda Investment Corporation (FIC). The investigations cover investments and asset acquisitions over a decade, including properties in London, Sabah, and Sarawak. MACC has recorded statements from 12 individuals and expects arrests soon.