Subsidiary Company Irregularities: Rafizi Urges to Investigate Top Leaders of Felda


SHAH ALAM, August 2: PKR Strategy Director, Rafizi Ramli urged the Malaysian Anti-Corruption Commission (MACC) to investigate the country’s top leaders on the irregularities in the Felda subsidiary company, KPFQ Foods Sdn Bhd.

He said, investigation and prosecution of the case cannot be stopped at the level of the KPFQ Foods Sdn Bhd corporate leadership simply because it involves a decision from the highest level of Felda.

Rafizi claimed that KPFQ Foods Sdn Bhd is a joint venture company with Koperasi Permodalan Felda Malaysia Berhad (KPFMB) and Silver Bird Group Berhad (SBGB) which was established specifically to be a marketing agent for food and agriculture throughout the country.

“I urge for the investigation of this case to not be limited simply to the errors and irregularities involving the leaders of KPFQ Sdn Bhd.

“But it should be extended to aspects of negligence and inaccuracy of the top national leaders involved so that there is accountability because these agencies are under their responsibility,” he said in a press statement today.

Rafizi claimed that SBGB has close ties with other government agencies including Tabung Haji.

“The largest stakeholders in SBGB is Tabung Haju and Tan Sri Vincent Tan, which shows that SBGB is a business enterprise that has good ties with the government,” claimed the Pandan Member of Parliament.

According to Rafizi, lately, the Federal Government has been using a lot of public funds to finance joint ventures between government and private agencies which has raised some concerns.

After the scandal involving NFC cattle, Rafizi questioned how the government assesses cooperation between the government and private companies involving money from public funds.

Rafizi also questioned the role of the government in agencies and joint venture companies in monitoring a project’s progress and how they ensure that no irregularities happen.

“What is the role and accountability of government leaders when joint venture projects under their responsibility fail and waste public money,” he asked.

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