Wednesday, June 20, 2018
Leave exposing scandals to others, Anwar tells Guan Eng
The Pakatan Harapan de facto leader pointed out that Lim should instead focus on pacifying and instilling confidence in investors.
“At present, ministers are also tasked with exposing deals and misappropriation by the previous administration.
“But Lim can task one or two other ministers and the Malaysian Anti-Corruption Commission (MACC) to talk about the exposes,” Anwar said in an interview with Astro Awani.
Anwar, who was finance minister from 1991 to 1998, said whatever Lim says as finance minister would be used as a reference by investors.
Since appointed as finance minister last month, Lim had been exposing scandals by the previous Barisan Nasional administration.
Last week, Channel News Asia quoted Lim as saying that there was another major financial scandal “related to the finance ministry” when it was helmed by Najib Razak, the former prime minister.
Earlier, he also said ratings agency Moody’s Investors Service did not reveal the true extent of the government’s debt in its report on Malaysia.
Moody’s had reported last week that the recent developments such as the proposed abolishment of the goods and services tax (GST), reintroduction of fuel subsidies and 1Malaysia Development Berhad’s (1MDB) debt level, might adversely affect Malaysia’s credit rating.
Meanwhile, foreign investors have been selling off stocks listed on Bursa Malaysia for a seventh straight week.
Research house MIDF Research reported that the net amount offloaded hit RM1.21 billion last week.
Posted by wikisabah at 10:55:00 AM