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Felda Global joins KL's money headaches

Published Thu, Jun 8, 2017 · 09:50 PM
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Hong Kong

THE list of Malaysia's money headaches is getting longer. Local palm oil giant Felda Global Ventures Holdings on June 6 announced it had suspended its top two executives after auditors raised a red flag.

There are echoes of the 1MDB scandal.

Like the disgraced sovereign fund, Felda Global is a state-backed entity that has be…

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