Unravelling The Felda Debt Problem

P. Gunasegaram, Independent Business Writer

Morning Run · Top Story · 28 Jul 2023 · 07:45 am · 12 mins listen

Prime Minister Dato’ Seri Anwar Ibrahim Anwar has approved and provided Felda with a 9.9 billion ringgit government guarantee to restructure its debts through a sukuk issuance. This will allow 80% of Felda settler debts to be waived. But what is the root cause of the debt issue? We speak with P. Gunasegaram, Independent Business Writer, to get some answers

Image by: Shutterstock

Produced by:

Mark Tan

Presented by:

Mark Tan

Categories:

government,controversies

Tags:

felda settler,dato' seri anwar ibrahim,sukuk

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