sempat berbual dengan bos Iffco mengenai Felda dan Emir Mavani (yg juga kawan) It is believed sometime in April 2013, Emir Mavani unilaterally approved an RM100 ringgit per ton discount (to market) of Crude Palm Oil to Felda IFFCO Sdn Bhd (FISB) for 40,000 tons per month for 12 months, ostensibly to support FISB and Felda IFFCO Oils Products Sdn Bhd’s packed products business. At 40,000 tons at RM100.00 discount per ton for 12 months translates to RM48 million per annum. That is RM48million less income to FGV. That is not as interesting as the authority of the FGV Group President CEO has a discretionary limit of approval for only RM1 million.
Posted on: Thu, 03 Oct 2013 03:09:09 +0000
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