Posted by speakup > 2 months ago | Report Abuse

The bumis are purposely kept poor so that the elites can get richer at expense of the poor

Posted by DickyMe > 2 months ago | Report Abuse

The reality is, Malaysia lacks any good leadership.
The future is bleak.
UMNO have created bigots as next generation leaders.
The current leaders are waiting to book permanent resting place in cemetery.
I see pitch dark cloud gathering over Malaysia.
We have a generation of lower than mediocre talents and leaders.
It will be a miracle if it can stay afloat pre NEP level.

Posted by EngineeringProfit > 2 months ago | Report Abuse

Betrayal to the country: The All-Mlay Felda, everyone loses, all lost:

When musangs are assigned to jaga reban, this is the end results: The staggering losses incurred by Felda in 2022, amounting to RM1 billion, nearly double the losses from the previous year, highlight the consequences of entrusting unworthy individuals with leadership roles. The auditor-general's report sheds light on the mismanagement and poor decision-making that have plagued Felda, ultimately leading to dire financial outcomes.

Firstly, the significant increase in losses reflects a systemic failure within the organization's leadership structure. When individuals lacking the necessary expertise and integrity are placed in positions of power, they may make misguided decisions that jeopardize the financial health and stability of the institution. This lack of competent leadership fosters an environment ripe for mismanagement and financial missteps.

Secondly, the mounting debt owed to external institutions underscores the repercussions of allowing individuals unfit for their roles to oversee crucial financial matters. Incompetent leadership can result in reckless spending, unsustainable borrowing practices, and failure to implement effective debt management strategies. As a result, Felda finds itself burdened with substantial debt obligations, further exacerbating its financial woes and hindering its ability to operate efficiently.

Furthermore, the slight decrease in debt owed from the previous year offers little consolation in the face of continued financial mismanagement. While the reduction may signal attempts to address the issue, it falls short of addressing the root causes of Felda's financial distress. Without fundamental reforms and competent leadership at the helm, the organization remains vulnerable to further losses and indebtedness in the future.

In conclusion, the alarming losses and debt accumulation experienced by Felda in 2022 underscore the dire consequences of entrusting unworthy individuals with leadership responsibilities. To safeguard the financial stability and prosperity of institutions like Felda, it is imperative to appoint qualified and ethical leaders who possess the expertise and integrity necessary to make sound decisions and steer the organization towards success. Failure to do so only perpetuates a cycle of mismanagement, losses, and indebtedness, ultimately compromising the institution's ability to fulfill its mandate and serve its stakeholders effectively.