M'sia seeks Indonesia's help over Felda deal that could cause RM2.5b loss
Anwar says he had reached out to Prabowo on the matter.
On August 21, Prime Minister Datuk Seri Anwar Ibrahim formally requested Indonesian President Prabowo Subianto to intervene on behalf of Felda’s investments in Indonesia, specifically concerning the financial losses incurred by PT Eagle High Plantations Tbk (EHP). The potential loss is reported to be around RM2.5 billion, with a recovery of only around RM200 million if unresolved, according to Bernama.
Anwar addressed Felda’s top management and managers during a Friendly Session, highlighting the gravity of the crisis facing the agency, urging them to grasp the challenges and not be deterred by them. He emphasized that the financial burden does not rest on the managers in states such as Pahang or Johor, but the entire Felda management must be aware of the issues at hand.
Anwar called for a transparent discussion of these financial figures to ensure the managers fully understand the gravity of the situation. He also urged management at all levels to ignore any narratives or propaganda that seek to minimize governance failures, and stressed the importance of confronting these problems head-on. The government is accelerating welfare projects including immediate repairs for managers' homes and ensuring these essential works are not delayed until the next budget cycle.
Anwar emphasized that the focus on governance, integrity, and accountability is aimed at safeguarding public trust and restoring Felda’s legacy.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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