Sun08202017

LAST_UPDATESun, 20 Aug 2017 12am

Isa Voluntarily Relinquished Position, Sulaiman Appointed Acting FGV Chairman - PM Najib

PUTRAJAYA, June 19 (Bernama) -- Tan Sri Isa Samad voluntarily relinquished his position as Felda Global Ventures Holdings Bhd (FGV) Chairman, said Prime Minister Datuk Seri Najib Tun Razak.

He also said that Tan Sri Dr Sulaiman Mahbob had been appointed Acting FGV Chairman with immediate effect and Isa had been named acting Chairman of the Land Public Transport Commission (SPAD).

His appointment is also with immediate effect.

Najib said he had earlier met with Isa and former Minister in the Prime Minister's Department Datuk Seri Idris Jala to discuss in depth FGV's future and Isa's role.

"Isa voluntarily agreed to relinquish his position as FGV Chairman. In appreciation of Isa's role, I agreed to appoint him the acting SPAD Chairman," he told a media conference after handing over keys to owners of the 1M Public Servants Housing Programme (PPA1M) Selasih, here today.

Najib said internal action would be taken to determine the legal process and through the FGV Inquiry Board on those actions against the FGV Chief Executive Officer Datuk Zakaria Arshad and three other individuals directed to go on leave from June 6.

"This is necessary as it represents the governance principle of a public listed company. The investigation does not mean they are guilty. The FGV Board will make a just decision as soon as possible," he added.

Other than Zakaria, the others directed to go on leave are the FGV Chief Financial Officer Ahmad Tifli Mohd Talha, FGV Trading Chief Executive Officer Ahmad Salman Omar and Senior General Manager Delima Oil Products, Kamarzaman Abd Karim.

-Bernama