Five Global Business Services companies that were involved RM486 million investment in Perak had went through stringent approval processes by the Northern Corridor Implementation Authority , said Perak Menteri Besar Ahmad Faizal Azumu.
"In an input to the Menteri Besar Office today, NCIA also informed that the applications for investment would be looked into together by the state Economic Development Unit and federal agencies including the Malaysian Investment Development Authority, International Trade and Industry Ministry, Finance Ministry, Economic Affairs Ministry and the Inland Revenue Board," he said.
"The state government regrets the state assemblypersons' action as it can create uneasiness among investors and at the same time they can cause the investors to lose interest, and thus jeopardises the effort to create jobs for graduates and people of Perak."
Which means it's not!