Chief executive of Malaysia’s Felda Global Ventures to resume duties after suspension

11-Oct-2017 Intellasia | Reuters | 6:00 AM Print This Post

The chief executive of Malaysian palm oil plantation group Felda Global Ventures will resume his duties on October 16, following a four-month leave of absence, the company said on Monday.

Zakaria Arshad and the chief financial officer were suspended in early June, as the company investigated transactions at a subsidiary.

“The domestic inquiry had been carried out with proper internal processes,” the company said in a statement. “The ministry of finance would like Zakaria to return as FGV group president and chief executive.”


Category: Malaysia

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