FGVH: Inquiry report expected by month-end

Felda Global Venture Holdings Bhd (FGVH) is expecting a report from the domestic inquiry panel on four senior members of management at the end of this month, said its acting chairman Tan Sri Dr Sulaiman Mahbob.

Speaking to reporters at the Kuala Lumpur International Airport while sending off 76 pilgrims managed by Felda Travel yesterday, he said the FGVH board of directors would make a decision based on findings and report from the panel.

“Whether they (the four being investigated) are guilty or not, we will decide (after receiving the panel’s report). The board will think of the next plan of action. This is an internal investigation, so the board has absolute right,” he said.

To date, he said, three of the four former board members had already been questioned, adding that it took a week to complete the investigation on each of them.

“Investigations are ongoing and so far, all involved have given their full cooperation. The inquiry panel comprises three independent members who are not involved in the decision-making,” said Sulaiman.

It was reported earlier that the four people being investigated were FGVH group president and CEO Datuk Zakaria Arshad, group CFO Ahmad Tifli Mohd Talha and two senior management officers. — Bernama