{"id":2699,"date":"2010-06-21T12:27:08","date_gmt":"2010-06-21T04:27:08","guid":{"rendered":"http:\/\/buletinonline.net\/v7\/index.php\/2010\/06\/terengganu-upset-with-profit-minded-felda\/"},"modified":"2010-06-21T12:27:08","modified_gmt":"2010-06-21T04:27:08","slug":"terengganu-upset-with-profit-minded-felda","status":"publish","type":"post","link":"https:\/\/buletinonlines.net\/v7\/index.php\/terengganu-upset-with-profit-minded-felda\/","title":{"rendered":"Terengganu upset with profit-minded Felda"},"content":{"rendered":"<p>KUALA LUMPUR: The Terengganu government has rejected payments from  Felda on land parcels it has developed in the state because the  corporate body has declined to house settlers on the property.<\/p>\n<p>Kuala Terengganu MP Mohd Abdul Wahid Endut, from PAS, said the state  declined to accept payment as a protest against Felda\u2019s refusal to house  3,000 settlers on the 14,791.23 hectares of land it had developed.<\/p>\n<p>He said that while the Terengganu government had allowed Felda to  develop 48,142.23 hectares of land, it was however on condition that  33,351 hectares be turned into settlements for 7,463 settlers.<\/p>\n<p>\u201cFelda is now refusing to do this. It wants the land for plantations  so that it can make profit and enrich the company,\u201d he said when met at  Parliament today.<\/p>\n<p>He added that although discussions between the two were ongoing, it  was obvious from their attitude that Felda was more interested in  corporate gains.<\/p>\n<p>\u2018The late (Prime Minister) Tun Razak\u2019s hope was to open up land and  resolve the poverty among the people. But Felda has veered from that  spirit. It is now a corporate body only interested in profiteering,\u201d he  added.<\/p>\n<p>Abdul Wahid had earlier raised the issue in Parliament, seeking the  Prime Minister\u2019s explanation of the amount of land the Felda has  developed without settlers and how much it had paid in premiums.<\/p>\n<p>According to him, Felda still has outstanding amounts in premiums  owed to Terengganu and as such the state considered the body and an  \u201cillegal\u201d entity.<\/p>\n<p>\u201cWe discussed the issue at the state assembly. From the explanation,  we understood that Felda has not paid the state government.<\/p>\n<p>\u201cSince they have not paid the premium, they (Felda) are an illegal  developer\u201d Abdul Wahid, who is also a state elected representative,  said.<\/p>\n<p><span style=\"color: #993366;\"><strong>Felda&#8217;s asset value  up<br \/><\/strong><\/span><br \/>Meanwhile, Deputy Minister in the Prime  Minister&#8217;s Department Ahmad Maslan said the current and fixed asset  value of Felda between 2004 and 2009 rose by RM6.2 billion although its  cash reserves dropped by RM2.73 billion during the same period.<\/p>\n<p>Ahmad  said that in 2004, Felda recorded assets totalling RM9.17 billion while  in 2009, the figure rose to RM15.37 billion.<\/p>\n<p>&#8220;However, Felda&#8217;s  cash reserves declined slightly by RM2.73 billion for the same period,&#8221;  he told reporters at the Parliament lobby today when commenting on  opposition claims that the Felda cash reserves had dropped drastically.<\/p>\n<p>Ahmad  said Felda&#8217;s cash reserves declined due to various expenditures such as  the RM2.41 billion spent on socio-economic development.-FMT<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR: The Terengganu government has rejected payments from Felda on land parcels it has developed in the state because the corporate body has declined to house settlers on the property. Kuala Terengganu MP Mohd Abdul Wahid Endut, from PAS, said the state declined to accept payment as a protest against Felda\u2019s refusal to house [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"better_featured_image":null,"_links":{"self":[{"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/posts\/2699"}],"collection":[{"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/comments?post=2699"}],"version-history":[{"count":0,"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/posts\/2699\/revisions"}],"wp:attachment":[{"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/media?parent=2699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/categories?post=2699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buletinonlines.net\/v7\/index.php\/wp-json\/wp\/v2\/tags?post=2699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}