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State Of Our Nation
Public·78 members
Translation:
FIC LONDON HOTEL PTE LIMITED, OWNER OF FELDA GRAND PLAZA KENSINGTON HOTEL - CLOSED
WHO OWNS THIS HOTEL NOW?
I have shown over the past week how the issue of Felda's investment in London worth over RM1 billion is not only a question of wasteful investment decisions (because the price paid is too expensive and tainted by irregularities), but officially Felda does not even own the properties purchased.
I have done an official search with the UK Land Registrar’s Office and found that according to official title documents, at least two expensive properties paid for by Felda were registered in the name of BVI (British Virgin Island) registered companies, which had nothing to do with Felda and the owners of the companies remain unknown to this day.
Authentic information from official title documents has proved that the following properties are not owned by Felda, but instead belong to th…
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