Felda Global Ventures Holdings Bhd (FGV) has denied an alleged conspiracy against its president and chief executive officer Zakaria Arshad, who was told to take an immediate leave of absence from the company in June.
This was in response to Special Affairs Department (Jasa) director-general Mohd Puad Zarkashi, who had on Sunday accused the FGV board of conspiring to make Zakaria the "fall guy".
"As a publicly-listed, government-linked company that is operating under several regulatory bodies including the Securities Commission (SC) and Bursa Malaysia, FGV is not involved in any conspiracy or personal agenda in conducting the internal investigation (domestic inquiry) process on Zakaria and three other senior management staff...