Isa Samad mantains not guilty plea, trial begins Oct 7
The trial of former Felda chairperson Isa Samad, who was charged with one count of criminal breach of trust (CBT) and nine counts of receiving gratification totalling over RM3 million, will take place for 13 days beginning Oct 7 at the High Court in Kuala Lumpur.
Judge Mohd Nazlan Mohd Ghazali fixed the date after Isa, 70, maintained his not guilty plea on all charges at the High Court today.
The hearing will be from Oct 7 to 9 and Oct 14 to 25.
Today is the first mention of the case at the High Court after the matter was allowed to be transferred from the Sessions Court.
Earlier, the charges were read out to him by a court interpreter and when asked whether he pleaded guilty or not, Isa said "Claim trial".
Isa was charged, as director of Felda Investment Corporation Sdn Bhd and trusted with the company fund, with committing CBT by approving a proposal for the purchase of Merdeka Palace Hotel & Suites in Kuching, Sarawak, for RM160 million without the approval of the Felda board of directors.
His action was contrary to the decision of the Felda board of directors at its meeting of No 303 dated June 25, 2013, that was made in respect of the implementation of the trust in which members of the Felda board of directors had given their mandate to members of the FIC Sdn Bhd board of directors to make decisions on investments involving projects valued at RM100 million and below.
He was charged with committing the offence at Level 50, Menara Felda, Platinum Park, No 11, Persiaran KLCC near Kuala Lumpur on April 29, 2014.
The charge was framed under Section 409 of the Penal Code, which provides for imprisonment up to 20 years, whipping and a fine, if found guilty.
On the corruption charges, Isa was charged with dishonestly receiving gratification for himself, in cash totalling RM3,090,000, from Ikhwan Zaidel, who is a board member of Gegasan Abadi Properties Sdn Bhd, through one Muhammad Zahid Md Arip, as gratification for helping to approve the purchase of the Merdeka Palace Hotel & Suites by FIC Sdn Bhd, for RM160 million. - Mkini
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