FIC hotel purchase probe ongoing, don't speculate, says MACC

KUALA LUMPUR (Oct 26): There should not be any speculation concerning the purchase of the four-star hotel in Kensington, London, by Felda Investment Corporation (FIC) as the case is still under probe, said Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner (Operation) Azam Baki, Bernama reported today.

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Deputy minister refutes Rafizi’s claim about Felda’s London assets

KUALA LUMPUR (Oct 25): Deputy Minister in the Prime Minister’s Department Datuk Razali Ibrahim has denied opposition lawmaker Mohd Rafizi Ramli’s claim that a Felda Investment Corp Sdn Bhd (FIC) subsidiary was registered on the very day the lawmaker “revealed” that the firm does not own its hotels in London.

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Syed Mohamed is now Encorp chairman

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

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