Instead of creating a new well, Felda Global Ventures Berhad (FGV) is "cannibalising" the profits of Felda Palm Industries Sdn Bhd (FPI), accused DAP's Tony Pua.<br /><br />FPI which is 64.7 percent controlled by Koperasi Permodalan Felda (KPF), signed a contract on March 1 where all crude palm oil (CPO) processed will be sold to FGV, except a "small quantity" for FPI's own subsidiaries, he said.<br /><br />Full story: http://www.malaysiakini.com/news/201188<br /><br />Cameraman: Fendi Zulkfley<br />Editing: Azudin Hidzir
