SERDANG, July 14 – Prime Minister Datuk Seri Anwar Ibrahim wants Koperasi Permodalan Felda Malaysia Berhad (KPF) to be managed efficiently to enable it to focus on the welfare of settlers.

He said the cooperatives are an important organisation for the country but they failed to serve their purpose often due to the selection of unskilled management staff.

“My advice to KPF, the cooperative has to be managed efficiently…This is our responsibility, it cannot be compromised.

“Its initial fund of RM2.5 billion should be managed efficiently and monitored by the Board,” he said in his speech at the Felda Settlers’ Day celebration at the Malaysia Agro Exposition Park Serdang (MAEPS) on Sunday.

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