Economic Affairs Minister Datuk Seri Mohamed Azmin Ali said the Cabinet had agreed the tabling of the White Paper, which was scheduled to be tabled to Parliament on Monday, had to be postponed to the first meeting of the second session of the 14th Parliament (2019).
THE scale of malfeasance was staggering. The White Paper on the goings-on in Felda and its subsidiaries read like a litany of wrongdoings that breached proper governance standards that most companies have to prescribe to.
There were many reasons why the checks and balances within Felda failed, largely because there was none. The concentration of authority within the hands of a few individuals, with little exercise of fiduciary duty by other members of the board, meant a free hand for the few.
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