Former Umno warlord Isa Samad was sentenced to six years jail yesterday, after he was convicted of corruption by the Malaysian High Court.
The case centred on a hotel deal inked while he was in charge of Malaysia s key land development agency, the Federal Land Development Authority (Felda).
Justice Mohd Nazlan Mohd Ghazali found the former politician guilty on nine counts of receiving gratification amounting to RM3 million between 2014 and 2015. Isa was also fined RM15.45 million (S$5.09 million).
He was granted a stay of execution for the sentence, pending an appeal, and was ordered to post bail of RM1.5 million by today. He was also ordered to report to the nearest police station once a month until the conclusion of his appeal.
Ex-chairman of Malaysian palm agency Felda found guilty of bribery - report marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Friday, 29 Jan 2021 10:23 PM MYT
In a statement today to allay concerns expressed by certain quarters over the sale offer of FGV shares that had been issued to FGV shareholders, Felda said the takeover did not involve the personal interest of any party and was made on practicable terms. Reuters pic
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KUALA LUMPUR, Jan 29 The takeover of FGV Holdings Bhd by the Federal Land Development Authority (Felda) is a crucial step in the latter’s recovery plan that had been approved by the government for the benefit of its settlers.
KUALA LUMPUR (Jan 23): Justice Mohd Nazlan Mohd Ghazali, the High Court judge who presided over Datuk Seri Najib Razak s SRC International Sdn Bhd case that ended in a conviction, will be transferred to the High Court s civil division effective March 1.
The directive came from Chief Judge of Malaya Tan Sri Azahar Mohamed.
A copy of the order that was given to the Malaysian Bar was sighted by theedgemarkets.com.
Nazlan, an Oxford graduate, was previously brought in from the High Court s commercial division in 2018 to hear Najib s SRC case.
The office of the Chief Registrar of the Federal Court confirmed the transfer of Justice Nazlan to the civil court, saying the transfer is a routine practice.