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Excessive political interference turned the Federal Land Development Authority (Felda) from a profitable billion-ringgit plantation giant into an agency saddled with almost RM10bil in debt, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar stressed that the financial crisis was not caused by Felda settlers, dismissing any suggestion that they were responsible for the agency's mounting debt.

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Transcript
00:00I now take a look and take a look at Felder.
00:03Because what?
00:04When I became president of the Menteri,
00:06I got a report that Felder has spent
00:08almost $10 billion.
00:11This is not a politics.
00:14This is a sign.
00:15How is Felder,
00:17which is known by the people of the Menteri?
00:20Who is that?
00:20Who is that?
00:21Raja Alias.
00:25Before that,
00:26Taib Anna,
00:26that was done by the Almarhum and Abdul Razak, they were done well, they were done well, they were done
00:32well,
00:33they were done well, Feldra became the largest plantations in the world,
00:39for a billion dollars, one year, our family, our parents, our parents, our parents,
00:46and they got out of the way, 7-8 years later, they were done by the change,
00:52and they were done well, they were done well, they were done well, they were done well,
00:59some people said, they were done well, they were done well,
01:05$980,000,000,000 each year, for a year to pay for the failure,
01:11who said they didn't have a bug,
01:15because we have to think, what is the problem,
01:18is the problem, the problem is not strong,
01:21not,
01:24the problem is that people who are in the amanah,
01:27they are not in the amanah,
01:29so it will happen well,
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