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Isa Samad allowed stay of execution pending appeal, ordered to pay RM1.5m bail

KUALA LUMPUR (Feb 3): Former Federal Land Development Authority chairman Tan Sri Mohd Isa Abdul Samad (pictured), who was found guilty this morning on nine charges of corruption involving RM3 million and was sentenced to six years' jail and a fine of RM15.45 million, was granted a stay of execution of his sentence, pending appeal.

Justice Mohd Nazlan Mohd Ghazali ordered Mohd Isa to post bail amounting to RM1.5 million, to be paid in full by tomorrow afternoon.

The judge said Mohd Isa is to also report to the nearest police station once a month.

Mohd Isa was charged with nine counts of dishonestly receiving gratification for himself in cash totalling RM3,090,000 from Ikhwan Zaidel, who is a board member of Gegasan Abadi Properties Sdn Bhd, through his former special political officer Muhammad Zahid Md Arip, for helping approve the purchase of a hotel by Felda Investment Corp Sdn Bhd for RM160 million.

All the offences were allegedly committed at Level 49, Menara Felda, Platinum Park, No 11, Persiaran KLCC near here between July 21, 2014, and Dec 11, 2015.

The charges were framed under Section 16(a)(A) of the Malaysian Anti-Corruption Commission Act 2009, punishable under Section 24(1) of the same law, which provides a jail term of not exceeding 20 years and a fine of at least five times the bribe amount, or RM10,000, whichever is higher, upon conviction.

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