KOTA SAMARAHAN: Investigation into the purchase of a luxury hotel in Kuching by Felda Investment Corporation (FIC) is at the final stage, Malaysian Anti-Corruption Commission (MACC) said today. It was alleged that FIC paid between RM40 million and RM50 million more than the actual market value of the hotel. It was reported that FIC had bought the hotel for £98 million (RM543 million) in 2014. Earlier, more than 1,000 university students gathered at the university’s Arena Gemilang, DeTAR Putera to show their support for efforts to curb corruption in the country. “This year, we are targeting university students and equip them with effective thinking skills on how to handle and fight against corruption.
Source: New Strait Times November 18, 2017 07:07 UTC