Sovereign wealth fund Khazanah Nasional was created to support Bumiputera equity in Malaysia but has diverged from this objective, said Tun Dr Mahathir Mohamad.
Responding to a question on his earlier reported remarks about Khazanah, the prime minister said the fund was expressly set up to prop up the value of shares allocated to the community and prevent these from being sold off to other groups.
“But now, it seems that Khazanah is buying up all shares, whether meant for the Bumiputera or not,” he said during a press conference after a Pakatan Harapan presidential council meeting.
“So maybe they should go back to their original purpose
Former prime minister Datuk Seri Najib Razak is free to take legal action against the government if he feels his criminal prosecution was unwarranted, said the prime minister.
Speaking after a Pakatan Harapan presidential council meeting today, Tun Dr Mahathir Mohamad said he and his allies had not complained when the previous government under Najib took action against them.
“What do we want to take revenge for? When he took action against us before, we didn’t complain.
“All my friends were chased off, stopped from mingling with me, when their accounts were frozen there were no complaints,” he told reporters.
He added that the claims by Najib’s family were just bald allegations and said that these were easy to make.
“If he (Najib) feels this is wrong, he can take us to court,” he added.
Prime Minister Dr Mahathir Mohamad said he believes his close adviser Daim Zainuddin is going to China to talk to the relevant authorities about “some contracts”.
A deputy defence minister has not yet been sworn in, as the post will be filled by a senator, said Prime Minister Dr Mahathir Mohamad.
Prime Minister Dr Mahathir Mohamad said he believes his close adviser Daim Zainuddin is going to China to talk to the relevant authorities about “some contracts”.
A deputy defence minister has not yet been sworn in, as the post will be filled by a senator, said Prime Minister Dr Mahathir Mohamad.
