Finance Minister Tengku Zafrul Aziz said Khazanah would do its best to ensure the welfare of staff is safeguarded.
At the same time, Tengku Zafrul said the management of Khazanah Nasional Bhd, which fully owns MAGB, would also strive to ensure the welfare of MAGB’s staff is safeguarded including, if necessary, appropriate compensation according to labour laws. He was replying to a question from Chan Foong Hin who asked to state whether the management of Malaysia Airlines Bhd had obtained the government’s approval to announce its closure if negotiations with an aircraft leasing company on the restructuring plan failed, and whether the government would “bail out” the national airline.
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