Felda Settlers’ Children’s Association urges govt to reclaim Felda assets from FGV | Malay Mail

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Felda Settlers’ Children’s Association urges govt to reclaim Felda assets from FGV

06 March 2019

MELAKA, March 6 — The National Felda Settlers’ Children’s Association has proposed to the government to reclaim the Federal Land Development Authority assets leased to Kumpulan FGV Holdings Bhd in an effort to revive the agency. Mazlan, who is also chairman of the Farmers’ Organisation Authority , said the move to take back the assets was better than taking financial loans to restore Felda.

He said proposals by certain quarters for the government to take up new loans would not be appropriate, as it would burden the government which is already paying interest on older loans.

 

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