FSRA enabled us to restructure financial commitment, says Felda thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: Datuk Seri Anwar Ibrahim has demanded an apology from Tan Sri Muhyiddin Yassin over the former prime minister’s claim on the settlement of Felda’s debts.
FSRA signed by Anwar enables Felda to restructure financial commitment: Felda thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: The Federal Land Development Authority (Felda) has clarified that the Assignment for Financial Service Reserve Account (FSRA) agreement is meant, among others, to enable the agency to restructure its financial commitment in relation to the interest rate charged and writing off 80% of the settlers’ bad debt amounting to RM8.3bil.