By the way, that's the link to the story by Berita Harian, the newspaper which first triggered the issue with its "exclusive" last month.
As I predicted, in the end,
Shahrir the saviour of Felda
Earlier, before the 4pm press conference, Shahrir insisted that,
“I just want the land. We have never discussed stopping the project. The project is the project, the land is the land. I’m not questioning the development agreement.”
However, everyone knows that the land deal and the KLVC project are connected.
Come on la, why did Felda gave the land to the developer in the first place at the start of the saga in 2014?
Shahrir, for one, should know.
According to Big Dog in his latest post,
FELDA’s fortification from land being flogged off
It is most likely, SPSB needed the land to be transferred with their name as the new land owner in order to gain financing for the project.
It is the regular practice that financial institutions encumber land as part of the condition to give finance to a property development project.
Now, without the land to gain financing, can the developer be able to continue with the KLVC project?
Theoretically they can, but in reality, I think it would be very tough for them to continue with it.
Their name has been tainted very badly after the matter was made public.
Many now see the developer and others in Felda back then as being together in trying to steal the land.
So, I highly doubt that the developer will proceed with the project.
They simply have to cut their losses.
And when that happened, a new developer will take over the KLVC project.
Just watch out who is going to be this new developer.
Only then this whole nonsense will make some real sense.
As I first wrote about this issue,
It doesn't really affect the Felda settlers, actually.
Just a bunch of greedy people trying to get a bigger piece of the pie.
They were just using negative public sentiment generated by the issue to get what they want.
But of course the opposition exploited this issue to the maximum.
That comes naturally lah.
You all should have seen how people commented about it in the social media even after the announcement yesterday that everything is okay now.
I wonder how many votes BN and Umno are going to lose just because of this nonsense.
Well, too bad for BN and Umno on this one.
They simply have to work extra hard to repair the damage now that the general election is just a few months for now.
I think it's going to be tough. Once people have set their mind on something, it's quite hard to change it within such a short period of time.
Good luck to them lah.