Part 1: The smell of easy money
Part 2: The smell of easy money
- The more I read about FELDA-A, FGV and KPF, the more I am convinced that the actions of the government would serious repercussion on the KPF. I would say any members of KPF who support government plan is simply "bodoh". After all the years of suffering and toiling the land in the middle of the jungle, I do hope they think and seek independent consultant views before deciding the next course of action. In this case it is paramount that the members take action that forces the KPF trustee board to seek the consensus of all it 200,000 members before proceeding. Isa Samad as it is has infiltrated KPF. The appointment of Isa Samad as Chairman of the board is highly irregular. The legal fraternity is questioning the legality of the Cooperatives Minister power in appointing Isa.
- The way forward as I see is that members of KPF send a strong political language to Najib. He would appreciate the value of their votes. The PM should take Isa out of KPF and allow KPF to buy the 49% FELDA-A ownership of Felda Holding. It would make more sense that the cooperative manages its own business independently and the Authority function as an authority and not as a business entity. Felda–A must remain as a body that strictly function within the organizational objectives. KPF is already matured and it should be allowed to take the next course of actions without any government intervention. FELDA-A after disposing their 49% stake in FH, can do whatever they like with their money in other business venture. After both FH and FGV as it is do not compete and operate in separate business domain.
- To KPF members, my advice is "Jangan sia siakan usaha anda selama ini. Percaya kepada pengurusan dan bukan kepada ahli politik." Control your board members using your power.
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