RAHSIA: June 2020 cabinet paper on FELDA

In June 2020, the cabinet had agreed to:

1. EXTINGUISH/pelupusan hutang peneroka FELDA amounting to RM8.3 billion.
2. APPROVED sukuk of RM9.9 billion guaranteed by the government to acquire FGV shares that was lost during Isa Samad’s time.
3. APPROVED a government grant of RM990 million annually for FELDA to pay for the sukuk.

This is an extract of the June 2020 cabinet paper regarding the cabinet decision on FELDA when Muhyiddin Yassin was the Prime Minister.