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. Read full story
Agreement signed by Anwar enables Felda to restructure financial commitment, says agency
