Report: MACC investigating a third hotel deal by FIC

The MACC is probing yet another property deal by Felda Investment Corporation Sdn Bhd (FIC), reported the New Straits Times today.

This time, it involves the purchase of the three-star Grand Borneo Hotel in Kota Kinabalu, Sabah, which the FIC bought in 2012 for RM86.4 million.

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