Fracas at Finance Ministry’s winding up debates

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KUALA LUMPUR: The winding up of the debate on the royal address for the Ministry of Finance was tumultuous following a collision between its minister ...

: The winding up of the debate on the royal address for the Ministry of Finance was tumultuous following a collision between its minister and former Minister of Finance Datuk Seri Najib Abdul Razak.

“The old administration is indeed cunning because we know 1MDB’s debt is so big but is not included in the official figures of the government’s debt because everything was done via off balance sheet ... it also had to be paid by the government although it was not directly borrowed by the Malaysian government. And as guarantor, we are also forced to make payments despite not being the main guarantor,“ he said.

“He protested on the sale of the consulate property in Hong Kong. I, hereby, inform the elected representative for Pekan that the decision to sell the consulate property in Hong Kong was personally made by he himself under the administration of Barisan Nasional,“ he said, adding that it was done via direct negotiation.

 

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