Chairman Tan Sri Yusof Noor said it has started paying up the instalments in the past 10 years.
The maturing date is in 2014 but Felda managed to clear it all in stages starting from 2000.
"The financial standings have shown it has no more outstanding amount to date," he told reporters during a buka puasa function on Tuesday.
"There is no way to say Felda is bankrupt for it has proved to the World bank and other financial institutions including Saudi Arabia and Kuwait financial houses of its capability in paying up the loans ahead of times," he said.
He has later handed duit raya to 28 football members of Felda United as a bonus for winning the Premier League in July.
Felda United plays in the country’s football Super League club next season under the guide of coach E. Elavarasan.
Among those who attended the buka puasa were Felda director general Datuk Dzulkifli Abdul Wahab, Felda Group Holdings president Datuk Sobri Ahmad, Malayan Sugar Manufacturing chairman Raja Datuk Sharipuddin Hizan Raja Zainal Abidin.
Resource from http://thestar.com.my
