High Court orders Isa Samad, Mohd Emir to pay FGV RM3.31mil over condo purchase

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High Court orders Isa Samad, Mohd Emir to pay FGV RM3.31mil over condo purchase
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KUALA LUMPUR: The High Court here ordered FGV Holdings Bhd's former chairman Tan Sri Mohd Isa Abdul Samad and former chief executive officer Datuk Mohd Emir Mavani Abdullah to pay more than RM3.31mil to the company.

The judge held that the defendants wrongfully used and refurbished the units as it was not done in accordance with the company's procedures. "The second defendant also had breached his duties by abusing the carpool system and petrol card. So, the defendants should be liable for the damages,” he said.

He also said the acquisition of the Troika units did not incur any losses to FGV as they were still owned by the company.

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