Felda has been instructed to take disciplinary and legal action against those who have been negligent in safeguarding the interests of the government agency and its investment wing, Felda Investment Corporation Sdn Bhd (FICSB).
The Prime Minister’s Department said the forensic audit report conducted on the Kuala Lumpur Vertical City (KLVC) project showed that there was non-compliance with procurement procedures and negligence in safeguarding Felda’s interests.
“Felda has been instructed to take disciplinary and/or legal action against those named in the audit report who are found to have been negligent in performing their duties, misrepresenting and not safeguarding the interests of Felda and FICSB,” it said in a statement. – Bernama
