Felda investment arm ex-CEO charged with deceiving board of directors
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Zaid Abdul Jalil, the former CEO of Felda Investment Corporation, has been charged in a Kuala Lumpur court with two counts of deceiving the board of directors. The charges involve misleading the board regarding the qualifications of a project developer and the market valuation of land assets.
Why it matters
This case represents a significant legal development in corporate governance and accountability within state-linked investment entities.
News ✕ Felda investment arm ex-CEO charged with deceiving board of directors Bernama Published: Sep 29, 2026 11:42 AM The former chief executive officer of Felda Investment Corporation Sdn Bhd (FIC) faced two charges at the Kuala Lumpur Sessions Court today for deceiving the FIC board of directors.
The charges relate to the appointment of a company for a proposed commercial development project and the market valuation of 24 parcels of Felda-owned land, 12 years ago...
The former chief executive officer of Felda Investment Corporation Sdn Bhd (FIC) faced two charges at the Kuala Lumpur Sessions Court today for deceiving the FIC board of directors.
The charges relate to the appointment of a company for a proposed commercial development project and the market valuation of 24 parcels of Felda-owned land, 12 years ago.
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