Judul : FGV power tussle escalates beritamalay3.blogspot.com
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FGV power tussle escalates beritamalay3.blogspot.com
KUALA LUMPUR: The tussle between the management and board of directors of Felda Global Ventures Holdings Bhd (FGV) over irregular business dealings escalated yesterday as the board moved to serve show-cause letters on its group president and chief executive officer (CEO) Datuk Zakaria Arshad and group chief financial officer (CFO) Ahmad Tifli Mohd Talha.
The board issued the show-cause notice to the duo over the long outstanding debt that Dubai-based Safitex Trading LLC owed to Delima Oil Products Sdn Bhd, a subsidiary of FGV.
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