Parti Pribumi Bersatu Malaysia (Bersatu) today submitted a memorandum urging Felda Global Ventures Holdings Berhad (FGV) chairperson Isa Abdul Samad to quit immediately.
Bersatu supreme council member Wan Mohd Shahir Wan Abd Jalil said Isa need not wait for the Malaysian Anti-Corruption Commission (MACC) to complete its investigations into the company.
“FGV losses of at least RM13.4 billion since 2012 is enough reason for Isa to step down for failing to manage FGV and Felda properly,” Wan Mohd Shahir told Malaysiakini when contacted.
He added that if the FGV chairperson refuses to resign, Prime Minister Najib Abdul Razak should fire him.
The FGV crisis came to fore on Tuesday when the company’s board, led by Isa, ordered chief executive officer Zakaria Arshad to take a leave of absence.
This was on the grounds that Zakaria violated corporate governance rules, a claim that Zakaria denied.
Zakaria claimed he had tried to stop hundreds of millions of ringgit worth of “ridiculous” investments by the board in activities unrelated to FGV’s core plantation business, which the FGV board in turn denied.
Umno supreme council member Puad Zarkashi had suggested that both Isa and Zakaria step down.