Most Read
Most Commented
Read more like this
mk-logo
News
Felda settlers owe almost RM5b in various debts
Published:  Apr 3, 2017 10:50 AM
Updated: Apr 5, 2017 5:53 AM

Felda settlers owe almost RM5 billion in various debts, as of December 2015, said Deputy Minister in the Prime Minister's Department Razali Ibrahim.

He said the debts include loans to purchase Felda Global Ventures (FGV) shares, funds for land, replanting, higher education, computer loans, entrepreneur incentives, as well as housing renovations.

Razali did not provide a detailed breakdown of the loans in his written parliamentary reply last Monday...


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments
ADS