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Chief executive of Malaysia's Felda Global Ventures to resume duties after suspension
October 9, 2017 / 10:02 AM / 2 months ago

Chief executive of Malaysia's Felda Global Ventures to resume duties after suspension

KUALA LUMPUR, Oct 9 (Reuters) - The chief executive of Malaysian palm oil plantation group Felda Global Ventures will resume his duties on Oct. 16, following a four-month leave of absence, the company said on Monday.

Zakaria Arshad and the chief financial officer were suspended in early June, as the company investigated transactions at a subsidiary.

“The domestic inquiry had been carried out with proper internal processes,” the company said in a statement. “The ministry of finance would like Zakaria to return as FGV group president and chief executive.” (Reporting by Emily Chow; Editing by Clarence Fernandez)

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