News by Hafiz Yatim

Mohd Isa told reporters after his court case today that the EHP purchase was done after Felda could not acquire land in Papua New Guinea.

High Court judge Justice Mohd Nazlan Mohd Ghazali fixed 13 days for the trial after being told by Deputy Public Prosecutor Allan Suman Pillai that the prosecution would be calling in 30 witnesses for the trial.

The SRC trial will resume on Monday (April 15).

Felda's director-general said Felda was directed by Datuk Seri Najib Razak, to take up a 37% stake in EHP, which had total debts of US$547.4 million in 2014 and its liabilities stood at US$676.9 million in 2016.

Yesterday evening a police report was lodged claiming that Felda was cheated into entering into a "one-sided" deal for the sale and purchase of Eagle High Plantations TBK (EHP) owned by the Rajawali Group two years ago.

Thomas said this at the Federal Court in the hearing of one of Najib's three appeals, namely wanting a pre-emptive gag order on the media and people from discussing the trial before a seven-member bench led by Chief Justice Tan Sri Richard Malanjum.

“The US$126 million (RM514.1 million) is the best received offer over five months from October 2018, when the Equanimity was first put up for sale. The sale is the highest recovery to date by the Malaysian government from the 1MDB scandal,” said Attorney-General Tommy Thomas

He springs a surprise addition to his defence team and claims the charges were defective

Lawyer Sitpah Selvaratnam earlier told the court that this was the best offer received to date to the reserve price of US$130 million.

KAJ Development Bhd has named the Melaka Port Authority, Loke and the Malaysian government as respondents.