PH did nothing about SESB takeover, says federal aide

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

PBS Youth chief says the federal government is still waiting for further details from the state about the electricity company deal. FMTNews SESB Sabah

KOTA KINABALU: Parti Bersatu Sabah is the latest to criticise the Warisan-led government over the stalling of the Sabah Electricity Sdn Bhd takeover bid.

He said caretaker Chief Minister Shafie Apdal’s claim that the takeover was disrupted after Perikatan Nasional took over at the federal level in March was baseless. “The fact is that the federal government is still waiting for further details from the state on matters pertaining to costing, financial capacity of the state and action on required laws needed to be put in place.”“The then Barisan Nasional federal cabinet, of which Ongkili was a member as energy minister, decided a month before the elections to return SESB to the Sabah government under the Malaysia Agreement 1963 action plan,” he said.

On Wednesday Shafie claimed that negotiations began during Dr Mahathir Mohamad’s tenure as prime minister and everything had been going well until the change of federal government.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shafie admin told to take blame for halt in SESB takeover talksFormer assistant finance minister says the state government was plagued by indecision. FMTNews Sabah
Source: fmtoday - 🏆 5. / 72 Read more »