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Suspended FGV CEO Zakaria submits show-cause reply, meets deadline

Mimi Sabreena 1:38:00 PM Informasi

KUALA LUMPUR (June 29): Meeting the noon deadline, Felda Global Ventures Holdings Bhd's (FGV) suspended president and chief executive officer Datuk Zakaria Arshad submitted his reply to a show-cause letter today.

According to FGV, Zakaria's brother Maulud Arshad handed the reply to group company secretary Koo Shuang Yen at 11.30am.

"The reply relates to the show-cause letter to the long outstanding debt of Safitex Trading LLC with FGV's subsidiary Delima Oil Products Sdn Bhd," said an FGV spokesperson.

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