1MDB trial: Najib used RM80k in own account for cancer prevention and supplements; claims didn’t want to burden govt
“You were set up to make money to pay for your salaries. In the end, if you are not making money, we have to pay for your salaries, but we get nothing in return. This is not the way,” he said.Masidi said the state government had issued an ultimatum before, and it was considering setting a deadline, but the GLCs themselves should be responsible enough to know what they should do.
He said there were a few key aspects to a successful GLC, which included sound financial management, the principle of accountability and good corporate government, and finally, avoiding competition with other GLCs.
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