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Zakaria urges MACC to probe FGV dealings

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) president and chief executive officer Datuk Zakaria Arshad has urged the Malaysian Anti-Corruption Commission (MACC) to probe the company's dealings.

In an exclusive interview with the New Straits Times and Berita Harian, Zakaria said the issue behind the boardroom tussle at FGV that surfaced last week worried him as it involved serious allegations.

"That is why I want this matter to be solved amicably and suggest for the MACC to come to FGV and investigate myself and the company.

"Through the investigation, we will know if there were any discrepancies in dealings done by myself, the management or any of the superiors."

Zakaria added that should the authorities conclude that he was involved in the late payment by Afghan company Safitex, which FGV subsidiary, Delima Oil Products Sdn Bhd, had dealings with, he would concede and resign from both his positions at FGV.

He said the focus on the investigation should be on departments handling procurements of the company.

"MACC should come in and check our data; sometimes things just look better on paper," he told the media in his office here today.

He added that he would take legal action if he was to be sacked without any opportunities to defend himself.

Yesterday, the NST reported that Zakaria refused to relinquish his positions in FGV, stating that he had done nothing wrong to justify resigning from the company.

This was contained in a letter by Zakaria to FGV chairman Tan Sri Mohd Isa Samad, sighted by the NST.

Isa had apparently asked Zakaria to resign on grounds that he had gone against corporate practices by allowing Safitex's purchase without a letter of credit, which led to the delayed payment.

Reporting by OOI TEE CHING, ZAFIRA ANWAR and LAILI ISMAIL.

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