Mohd Zaid Abdul Jalil, the former chief executive officer of Felda Investment Corporation Sdn Bhd (FIC), appeared in the Sessions Court in KUALA LUMPUR today and pleaded not guilty to two charges related to a land deal. The charges allege that Mohd Zaid deceived the FIC board regarding a proposed commercial development on Felda land located in Jalan Semarak. Details of the alleged deception were not immediately disclosed. This case centers around land owned by Felda, a key economic development agency in MALAYSIA. The proceedings are ongoing, and the former CEO’s defense is expected to present its case at a later date. The outcome of this case could have significant implications for Felda and its future investment strategies.