Not my orders, Guan Eng says on RM1 bil transfer from China company

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The finance minister says neither he nor his ministry issued any such instruction. FMTNews LimGuanEng China

KUALA LUMPUR: Finance Minister Lim Guan Eng today denied instructing the transfer of over RM1 billion from the Malaysian bank account of a Chinese state-owned company to that of a company owned by the finance ministry.

“If there is any such instruction, you should refer to the enforcement agencies,” he told reporters in Parliament. The Straits Times described the seizure and transfer of funds by the Malaysian authorities as “an unprecedented move in Malaysian banking”.

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