Big task ahead for Bakke

TAN Sri Megat Zaharuddin Megat Mohd Nor lasted only 11 months as chairman of the Federal Land Development Authority (Felda). He was roped in to improve the governance in Felda and resolve its cash-flow problems.

He should have improved the governance in Felda, considering he came from Malayan Banking Bhd and Shell Malaysia before that. Both companies are known for their high governance standards. However, Felda’s debt issue of RM8bil remains unresolved.

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