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Fact 1: Muhyiddin promised to wipe out settlers’ debt but did not.
Fact 2: Anwar has just done so.
By Justin Ong
Saturday, 08 Jul 2023 10:13 PM MYT
KUALA LUMPUR, July 8 — Former prime minister Tan Sri Muhyiddin Yassin’s government had indeed pledged in 2021 to waive billions in Felda settlers’ debt, the agency’s chairman confirmed today.
Responding to Muhyiddin’s insistence that he already absolved the debt, however, Datuk Seri Ahmad Shabery Cheek said the former prime minister never followed through, leaving Felda liable for over RM9 billion from its sukuk issuance.
“Previously, when Tan Sri was the PM, you said the government would give (Felda) RM1 billion each year for 10 years. This should have started in 2022, but it didn’t happen. It never came to fruition.
“It was only promised, not implemented. Because there was no formal document with Felda to help settle its debt,” Ahmad Shabery said on Facebook today.
Instead, it was Prime Minister Datuk Seri Anwar Ibrahim’s national unity government that followed through with the arrangement, he said,
The Anwar government both formalised the debt restructuring and committed to paying Felda up to RM1 billion yearly for the next decade to ensure its liabilities could be cleared, Ahmad Shabery said.
Yesterday, national news agency Bernama reported that the federal government had approved an annual allocation of RM1 billion per year for the next decade to ensure Felda’s survival, wiping out settlers’ debt from the 2012 listing of FGV Holdings in in the process.
The announcement upset Muhyiddin, who claimed today that he was the one responsible for waiving the settlers’ debt and that Anwar was lying to claim credit.
Anwar said earlier that while Muhyiddin’s administration had agreed to the plan, it never put it into action as no funds were allocated in Budget 2021 and Budget 2022.
Instead, the PM said it was only when he tabled Budget 2023 that the funds were finally made available to Felda.
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Shabery Cheek
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Maaf Tan Sri, jangan gopoh sangat. Cerita jangan tak habis.
Betul, tahun 2021 diumum hutang peneroka kepada Felda dilupus. Tapi Felda pulak berhutang melalui sukuk untuk ambik alih FGV, bayar hutang KWSP dan May Bank. Banyak tu lebih RM 9 Bilion.
Macamana Felda nak bayar hutang?
Dulu Tan Sri semasa jadi PM kata kerajaan akan bayar RM 1 bilion setahun selama 10 tahun. Sepatutnya dah mula bayar tahun 2022. Tapi ia tak berlaku. Buah yang ditunggu tak jatuh2.
Ia hanya janji, tapi tak laksana. Sebab tak ada hitam putih dengan Felda untuk bantu selesaikan hutang yang banyak itu.
PMX, Kerajaan Perpaduan baru2 ini putuskan penyelesaian. Buat Perjanjian dengan Felda untuk selesaikan sukuk. Kerajaan Perpaduan bagi komitmen bayar RM1 bilion setahun kepada Felda untuk selesaikan hutang itu.
Alhamdulillah Felda lega dan boleh bantu lagi peneroka.
Sorry Tan Sri, don’t be so stupid. Don’t end the story.
That’s right, in 2021 it was announced that the settlers’ debt to Felda was abolished. But Felda owes debt through sukuk to take over FGV, paying off the debts of KWSP and May Bank. That’s a lot more than RM 9 Billion.
How will Felda pay off his debts?
In the past, Tan Sri when he was PM said the government would pay RM1 billion a year for 10 years. Should have started paying in 2022. But it doesn’t apply. The fruit that is waited for does not fall.
It’s just a promise, but it’s not fulfilled. Because there’s no black and white with Felda to help settle that huge debt.
PMX, the United Government has recently decided on a solution. Make an Agreement with Felda to finish the stump. The Perpaduan Government committed to paying RM1 billion a year to Felda to settle the debt.
Alhamdulillah Felda is relieved and can help more settlers.
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weehingthong 