Finance minister confirms no plans for Khazanah to inject ailing Malaysia Airlines with RM5b Covid-19 aid | Malay Mail

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Finance minister confirms no plans for Khazanah to inject ailing Malaysia Airlines with RM5b Covid-19 aid | Malay Mail
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Finance minister confirms no plans for Khazanah to inject ailing Malaysia Airlines with RM5b Covid-19 aid

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz a press conference following a visit to the Employees Provident Fund’s headquarters in Kuala Lumpur June 12, 2020. — Picture by Miera Zulyana

The finance minister who is also board member of Khazanah Nasional Berhad refuted news reports that had been circulating of such a cash injection. International business wire Bloomberg quoted anonymous sources yesterday as saying that Khazanah is mulling a plan to provide as much as RM5 billion to assist Malaysia Airlines due to the drop in bookings resulting from the Covid-19 pandemic.

Malaysia Airlines itself issued a statement yesterday and said it has not received any commitment by Khazanah to do so.

 

Just let it die. It will be fine. We will live. U see what happened during COVID-19. Like seasons.

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