Most Read
Most Commented
Read more like this
story images
story images
mk-logo
News
FGV - an inbreeding that went wrong between two Samads

COMMENT | The Felda Global Ventures (FGV) is one of the finest plantation companies in the world. Correction: was. With an administration under Prime Minister Najib Abdul Razak, everything must be spoken in the past tense, precisely because there is no future, let alone a present.

Just a few years ago, FGV's profits surged to nearly RM982 million, as Petaling Jaya Utara MP Tony Pua rightly noted in Malaysiakini.

Yet within a whisker of a few years, the inbreeding that Najib's Umno had specialised in - this involves allowing only his alleged cronies and advisers - to gain from the juicy appointments and the projects began to go horribly wrong.

Isa Samad did not, and could not perform, literally and figuratively. And things immediately went south. To make matters worse, they went sour too.

Shahrir Samad was brought in from the cold to oversee the reform that is badly needed, given the importance of Felda regions, which include about 54 parliamentary constituencies and an almost 92 state constituencies, only to see the two Samads at loggerheads with one another...


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

Unlocking Article
Unlocking Article
View Comments
ADS