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Prime Minister Anwar Ibrahim disclosed that the federal government now shoulders Felda's nearly RM1 billion annual debt obligation, a consequence of accumulated administrative shortcomings in the settler organization.
Prime Minister Anwar Ibrahim has warned Felda to avoid repeating historical mistakes as the Federal Land Development Authority grapples with nearly RM1 billion in debt, emphasising the need for stricter financial discipline and accountable administration.
Prime Minister Anwar Ibrahim revealed that the federal government must annually service nearly RM1 billion in Felda debt stemming from institutional mismanagement, emphasizing the need to protect settler welfare.