Bailout of troubled government-linked company, Malaysia's future among issues raised in Anwar-Najib debate

📆 12/05/2022 21:04:00
📰 ChannelNewsAsia

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KUALA LUMPUR: Malaysia’s opposition leader Anwar Ibrahim and former prime minister Najib Razak squared off in a live debate on Thursday (May 12) night. The 90-minute debate centred on w

KUALA LUMPUR: Malaysia’s opposition leader Anwar Ibrahim and former prime minister Najib Razak squared off in a live debate on Thursday night.

He suggested that either Petronas takes over Sapura Energy or that the company gets government-guaranteed bank loans. It said that the financial year was one of its most challenging years in the group’s history as it faced an unprecedented liquidity crunch. He claimed that the problems faced by Sapura Energy were similar to those faced by 1Malaysia Development Berhad , Tabung Haji and Felda, among others.

“We can’t have a repeat of the situation where we have three governments and three prime ministers in the span of four years,” he said, adding that it would affect investors’ confidence in the country.

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