Isa Samad, Mohd Emir ordered to file defence on FGV’s condo purchase

By BERNAMA / Pic By TMR

Former FGV Holdings Bhd chairman Tan Sri Mohd Isa Abdul Samad (left) and former group president and CEO Datuk Mohd Emir Mavani Abdullah (right) have been ordered to file their defence in the suit brought by the company to claim RM7.69 million as compensation over the purchase of a luxury condominium in Troika, Persiaran Kuala Lumpur City Centre (KLCC).

Counsel Lavinia Kumara- endran who is representing Mohd Isa said both defendants have to file their defence statements on or before Feb 4.

“Jan 23 has been set for further case management,” she told reporters after attending case management in the chambers of High Court deputy registrar Farah Shuhada Ramli yesterday.

FGV as the plaintiff through a statement to Bursa Malaysia on Nov 30 last year, clarified that the suit filed against the two defendants was related to the purchase of the luxury apartment at Troika, Persiaran KLCC at above market price.

The company said the suit is also related to the abuse of company vehicle and petrol benefit by Mohd Emir.

As such, FGV is demanding RM4.54 million from both defendants over the purchase of the condominium and RM3.15 million from Mohd Emir on alleged abuse of company vehicle and petrol benefit.   

The company is also demanding interest at 5% per year on the compensation to be given starting from the date of filing the suit until the date of full and final settlement of the case. — Bernama

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