If my friend, Pirate of Putrajaya, had been a little bit more patient, he will find his views on the FGV vindicated. Probably he underestimated the will of the government to use GLCs under its control to shore up the FGV price.
Nevertheless, his views will be vindicated soon and I and millions of others hope he will come back into blogosphere to share with us, his rapier sharp analyses.
What Najib is doing right now is just putting out fires. He forgot that it all needed but a single spark to light up the prairie fire.
He has given advance bribe of RM15,000 each to felda family. I hear, full payment hasn’t been given out yet. Perhaps felda will use its gain of RM5.99 billion to pay the balance of what has been promised by Najib.
Felda pays unto itself using its own money. He has given almost RM43 million as raya bonus. Each family got around RM382. That amount was useful to buy cookies, lemang , fresh meats and maybe new curtains for the missus.