KUALA KANGSAR: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said that he will take proactive steps to address the problems experienced by FE...
: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said that he will take proactive steps to address the problems experienced by FELCRA Berhad and its subsidiaries, due to the entity’s high debt burden.
“I would like to thank the Auditor-General and PAC for highlighting this issue, and as the minister in charge, I must resolve this problem and find a way to address the irregularities,” he told the media at the opening of the Kuala Kangsar UMNO Division representative meeting, at Dewan Jubli Perak, today.
The discussions included finding any agency or company interested in buying a commercial development project in Jalan Semarak, Kuala Lumpur. “The construction cost of the building is quite high, and we aim to sell it based on demand and market price so that the proceeds can repay FELCRA’s debts to the government,” he said.
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