Minimum RM2m deposit or buy RM1.5m property as prerequisite for business folks migrating to Sarawak, DPM Fadillah suggests

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Fadillah Yusof News

Migration,Sarawak

KUCHING, April 27 — Deputy Prime Minister Datuk Seri Fadillah Yusof has proposed for Sarawak to impose a minimum deposit of RM2 million into a local bank, or property purchase...

1MDB trial: MACC never asked Najib of 1MDB subsidiary owned by Jho Low's associate that transferred US$30m to his account, court toldDeputy Prime Minister Datuk Seri Fadillah Yusof lights up the lamps with Satok assemblyman Datuk Ibrahim Baki during the PBB Satok Aidilfitri gathering.

According to him, Sarawak’s harmony and political stability have become key attractions for ‘many business friends in the peninsula wanting to migrate here’. “If they want to migrate to Sarawak, I say can, so I want to suggest to the Premier as well, when we have our own bank later, those wishing to migrate to Sarawak must have minimum deposit of RM2 million in our state-owned bank, or purchase property here for no less than RM1.5 million.“This at least can generate income for our state. They can also get permanent resident status in Sarawak,” he said.

Fadillah was speaking to reporters during an Aidilfitri gathering hosted by Parti Pesaka Bumiputera Bersatu Satok branch at Dewan Haji Kamarudin in Kampung Segedup here today. In February, Abang Johari said Sarawak was in talks with Affin Bank Bhd to be a block shareholder to strengthen the state’s economy further. This would make Sarawak an influential shareholder in the bank.In this regard, Fadillah said: “Looking at Sarawak as an example in terms of politics, position, economy, in fact in terms of social well-being, the communities here are able to live in harmony.

 

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