Govt allocates RM6.23 billion to rescue and restructure Felda
Economic Affairs Minister Azmin Ali says Felda’s debts had gone up by 1,100% from RM1.2 billion in 2007 to RM14.4 billion in 2017 due to the Najib administration’s mismanagement. – The Malaysian Insight pic by Seth Akmal, April 10, 2019.
PUTRAJAYA has allocated RM6.23 billion to rescue Felda from its financial troubles that had started during Najib Razak’s administration, the government’s white paper on Felda revealed today. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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