Felda Bankrupt: Lawsuit just ain't enough

The notice which "Felda" broke being perpetrated by Suara Keadilan in their Jun 22-29th 2010 emanate is totally absurd as well as a lie. Many felt Suara Keadilan as well as PKR officials deserve to be sued by "Felda" since it could affect their repute as well as overseas ventures.

Describing it as cashflow incident is some-more believable. But what kind of cashflow situation?

The actuality which money in front of of "Felda" is marked down from RM4.08 billion to RM2.73 billion for 2009 doesn't discuss it anything about a tightening situation. Felda is a money abounding company with a outrageous money reserve well well known to be floating in a money market.

Note a inverted commas used for Felda as well as alternative conditions later. It will be explained later. In this case, it equates to almost Felda but not exactly Felda. Suffice to say, it is indicative of Felda.

"Felda" cannot be broke as a notice diversion being played by PKR. It has 340,000 hectare camp as well as total item rose from RM9.17 billion for 2004 to RM15.37 billion for 2009.

Perhaps a little will argue which what about a liability side? Old blue chip Sime Darby can fail when untrained hands as well as robbers have a hand in a cookie jar. That you need to impress upon Felda to improve their transparency as well as information dissemination.

For assurance, a elementary proof which it has outrageous money reserve as well as Banks have been licking their kneecap to give them loans usually shows they do not have high borrowing. Their 6 years normal net distinction from camp is RM1.1 billion. There is no emanate of them not meeting their monetary commitment during all.

The gossip which Felda Global Venture was facing waste could be simply dispelled off based upon reason which they were brand brand new investments as well as still awaiting to bear fruits.! In Feld a, they have been used to waiting 5 years for oil palm tree to proceed harvesting their fruit.

Having pronounced that, do a officials during "Felda" understand what is Suara Keadilan doing?

Dato Ahmad Maslan explained it briefly in his press discussion yesterday which PKR is targeting a safe BN stronghold seats during a Rancangan Felda. Other than a little rancangan in Jerantut which was filled up by PAS members during Dato Asri's time during Kementerian Tanah dan Galian, most of Felda settlers have been BN supporters.

That still doesn't meant a "Felda" officials understood what was happening.

As distant as PKR is concerned, they need to teach amongst Felda settlers a little disbelief in a government of Felda.

Imagine, if 1,000 copies of Suara Keadilan is paid for as well as left during coffee shops for open to read. Assume twenty people review it or during least saw a headline, which equates to 20,000 people were done well well known which Felda is bankrupt.

This is still presumption they do not believe it.

All it takes have been a little grouses of Felda settlers over a little executive issues with managment or bureaucrasy caused problems to prolong. Then a little instigator will begin to remind of this Felda Bankrup news upon Suara Keadilan.

It will spread similar to wild fire as well as have a reason up of a own.

If a Felda officials attitude is to say, "jangan layan fitnah" as well as explain a moral ground which "people will know as well as conclude them" since they have been honest as well as capable, they can be described as great as mampus dungu.

Allow me to scold something here. Common people have been not regard to know what is function in Felda. Members of a open with regard for open issues have been small in preportion.

Majority of them lend towards to be critical. They have a bent to believe claimed untold stories as well as supposed inside information since they believed ! mainstre am newspaper have been not free.

The Felda central meditative which "the truth shall set them free, hellalujah" must be naive to consider so.

Once a disastrous notice sinks in, it is really difficult to change, even with facts as well as figure. Try to reverse a notice of which PAS malcontent lying across a road with a Palestinian dwindle to reason up a car.

What some-more with a bureaucrat bent to only go by a elementary "nafi nafi" to dispell false allegations without giving convincing details?

Now, a explanation for a allude to as well as unquote used earlier.

Take for instance, a "Felda" press discussion by Dato Ahmad Maslan yesterday. At a single time, he himself couldn't exactly answer with confidence by blogger whether a RM15.37 billion was total item or net item as in after netting liabilities or net as in revalued assets.

This is not to blame him since he is not financially trained. The two officials shouldn't be gripping bisu but verbalise up as well as explained. They were saved since a blogger confirm not to cavalcade them serve to equivocate embarassment.

In these days, it is questions coming out from pledge contributor cum bloggers which mount out than a reporters in press conferences. Our reporters have been so shy to ask questions. This is a product of KBSR as well as KBSM preparation system.

Then a emanate of "Felda".

What is meant by "Felda" as well as all this numbers? Because there have been most "Felda." There is Felda Corporation, Felda Holdings, Felda Proper as well as Koperasi Felda. Excluding a subsidiaries, there is additionally a brand brand new entity set up by Dato Mohd Bakke Salleh called Felda Global Ventures.

Where is FGV in a intrigue of thing is confusingly explained by a single official. Not since it was not understood, but since it does not done sense why it is placed above sure entities.

The usual attitude of Government officials when stranded as well a! s unable to explain, they go upon their "we-know-better" forgive as well as body language. One knows he does not know.

All these points to a need for Felda to be transparent in explaining their in front of as well as not be as well secretive. Being sly these days, it usually done a single some-more mysterious. That attracts speculation.

Felda cannot afford not to take preemptive measures. Otherwise, they will tumble to be come victims of irresponsible political notice diversion based upon lies, misinformation as well as slander.

Will their legal case helps? By right, a lawsuits should close a mouth of a alternative side from articulate about a case. But which did not stopped Anwar as well as PKR from spreading lies about his sodomy case, did it?

Having well well known a answer, answer another one. How long prior to these legal case will reach a court as well as get judgement? I'll rephrase. How most years prior to bicara even begin?

You consider it is intelligent pierce now? You consider it is great to close up?

Assuming, they can close up a leaders of PKR as well as Suara Keadilan. Can they close up bloggers, facebook, twitters as well as SMS? They can sue them also?

Good luck.

By then, most Rancangan Felda electorate paid for into a lies as well as voted Pakatan. If bicara about to start, they could direct a Felda lawyers to withdraw teh legal case since they have been already in Government.

The hoodwinked electorate put them in. By then, only similar to what happened to Penang Malays today, they usually realised they have been right away serve racially discriminated. They realised as well late for voting DAP out of anger.