KUALA LUMPUR, June 4 — Synergy Promenade Sdn Bhd (SPSB) has filed a RM100 million defamation and misrepresentation suit against former Federal Land Development Authority (Felda) chairman Tan Sri Shahrir Samad today.

According to Malaysiakini, the company involved in the development of the Kuala Lumpur Vertical City (KLVC) has filed its lawsuit at the Kuala Lumpur High Court.

According to the English news portal, the company had claimed that Shahrir had, between November last year and March this year, been making misleading statements on the company.

Earlier, an investigation committee was set up by Felda on February 8, to conduct a legal review of the forensic audit on the KLVC project.

The committee was chaired by Felda board member Datuk Dr Ahmad Kushairi Din and assisted by a legal firm.

It was previously reported that Felda was at risk of losing ownership of the land worth more than RM200 million following what had been described as a "dubious deal” in 2015.

The plots of land, which had been earmarked for the KLVC development project, will feature seven towers.

The ownership transfer of the land took place when FICSB appointed SPSB as its main developer on June 3, 2014, and granted the company full power of attorney to develop the land.

SPSB returned all plots of land involved to Felda on January 15, along with all documents related to the parcels of land alienated to the developer, at no cost.