Felda management overlooked what they had?

Seems so strange and a pity that majority of those who are able to make a difference continue to allow the nation's wealth to be raided. I am sure not all of the leaders and in office are bad, but the good ones are yet to step up and put a stop to what looks like a downward spiral of Malaysia's wealth and economic growth.

The few characters (citizen and non-citizen) who could have taken the step on moral ground and legal obligation are missing in this crazy all night disco-like party that has been running even before 2016. Its left with the citizens as the losers.

https://www.themalaysianinsight.com/s/29604/

I am sure the list of strange mismanagement are longer that what is here

The infamous 1MDB. How is the Kementerian Kewangan still having to pay for all the losses? Which they seem to have secured some funds to commit repayment due in December 2017. It is strange that a prime land is sold to 1MDB at RM60 psf that eventually was sold back to the GLC at RM3,000 psf despite initial land valuation at RM7,000 psf.
RM2.6 billion landed in Najib Razak's account went public and still nothing.
2016, US Justice Department's anti-corruption unit seizes USD1 billion of assets related to the 1MDB. But in Malaysian there does not seem to be and effect at all on the related parties.
206, Swiss Bank BSI in Singapore was ordered to shutdown for breaking its money laundering laws in its dealing with 1MDB. Nope, didn't raise a flag at all to the Malaysian government.
Shut down of the Malaysian media that continuously went ahead to publish 1MDB related materials. The Edge Financial Daily seemed like the only media at the time where any investigative materials on 1MDB could be found.

And all this expose couldn't have been possible without Xavier Justo arrest in 2015.

Article from 29 July 2016, theedgemarkets.com

http://www.theedgemarkets.com/article/1mdb-inside-story-world’s-biggest-financial-scandal

What are the effects of getting funds from China to repay a large loan?

Article from 27.12.2017, The New Straits Times.

Comments

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Every angle its pretty

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