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Malay Mail·3 min read·medium

Anwar questions RM330m gap in proposed Felda hotel sale, orders full report

M
Malay Mail
Anwar questions RM330m gap in proposed Felda hotel sale, orders full report
AI Summary

Malaysian Prime Minister Anwar Ibrahim has blocked the sale of a Felda-owned hotel, citing a significant price gap between the original purchase and the proposed sale price. He has ordered a full report to investigate the potential loss of public funds.

MELAKA, Aug 7 — Prime Minister Datuk Seri Anwar Ibrahim has directed the management of the Federal Land Development Authority (Felda) to provide a complete report regarding the proposed sale of a hotel owned by the agency, which was allegedly at a price far lower than the original purchase price.

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