Rafizi asks Felda if loss-making RM8.4m condos sold off
Zikri KamarulzamanPublished: Jan 19, 2017 3:05 PM | Updated: Jan 19, 2017 7:05 PM
PKR vice-president Rafizi Ramli wants to know if Felda has sold off two luxury condominium units worth RM8.4 million that its subsidiary Felda Global Ventures (FGV) had reportedly bought in 2014.
He said checks on FGV's latest financial reports for the year 2015 showed that the firm still owned the units at The Troika - a building on Lorong Binjai and next to the Kuala Lumpur City Centre park.
As of Dec 31 2015, both units in KL's Troika had no revenue and were raking up RM66k per year in costs, says PKR veep.
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