Malaysia

Khazanah probe: There is nothing to hide, says PM

Anwar said that the alleged deal could have taken place before his national unity administration took over in 2022.

Updated 1 year ago · Published on 02 Nov 2024 6:20PM

Khazanah probe: There is nothing to hide, says PM
What's important is that the government ensures that the probe be transparent and free of corruption in the way forward, he said.

by Ian McIntyre

DATUK Seri Anwar Ibrahim does not fear the impending investigations into Khazanah Nasional Berhad, as there is nothing to hide.

This is over alleged irregularities in Khazanah and  Permodalan Nasional Berhad's investments in the controversial firm - Fashion Valet Sdn Bhd, which resulted in some RM43.9 million losses.

Anwar said that the alleged deal could have taken place before his national unity administration took over in 2022.

What's important is that the government ensures that it is transparent and free of corruption in the way forward, he said.

Anwar, through his social media account, directed Khazanah to commence an internal audit into the deal.

“This stern instruction comes from my previous direction to the national audit department to audit 2,000 government-linked companies to create a better system of governance and ensure all the companies fulfill their responsibilities and functions,” he said in a post on X.

The owners of Fashion Valet, an e-commerce venture, had also posted on their social media, apologizing for the alleged controversy.

Earlier when opening the National Hawkers and Petty Traders Day celebrations at the Penang International Convention Centre in Butterworth, Anwar reiterated that he is not taking any salary as prime minister.

"I together with Azizah (Datuk Seri Dr Wan Azizah Wan Ismail) are only surviving on our parliamentary allowances. Cukup dah kot (It is adequate for now)."

Anwar said that if he took a salary, he would then be accused by the Opposition for going back on his word.

Anwar also marked the 75th anniversary of the Department of Statistics Malaysia (DOSM) at the same venue, where he underlined the agency's growing importance in providing the right and quality data to help govern the nation.

Anwar said that DSOM data and figures would help each ministry chart the right path to ensure the right people get the attention they deserve.

In the era of big data analytics, artificial intelligence, and data gathering, Anwar said that DOSM is proving itself to be an invaluable partner in nation-building.

He also wants DOSM to expand its services to help the country when it chairs the ASEAN regional grouping. - November 2, 2024.

Related News

Malaysia / 1w

PM denies rumours he bought new BMW; Urges rakyat to reject extreme racism, hate politics

Malaysia / 1w

MACC: No one off limits in probe into US$13 million luxury property deal

Malaysia / 1w

Indian community in Johor urged to judge PH by track record ahead of state polls

Malaysia / 4w

PM scheduled to officially launch LRT3 line this Sunday

Malaysia / 4w

MACC probes elephant transfer deal after RM53 million leak claims surface

Malaysia / 4w

Bangladesh PM Tarique given official welcome

Spotlight

Malaysia

After Johor, the uncomfortable question for Anwar’s critics: Were we too impatient?

By The Vibes Says

Malaysia

Network School's business licences revoked, to cease operations tomorrow

Opinion

Orang Asli in Pahang: Token gestures or genuine recognition?

Malaysia

Tuition teacher sentenced to 105 years in prison and 70 lashes for raping daughter

Malaysia

Azam Baki denies involvement in RM178.29 million contract linked to brother’s company

Malaysia

Aminuddin urges NS voters to weigh manifesto promising benefits for M40 and B40 groups

Malaysia

No need to resign, PM has absolute power if there is doubt – Ahmad Zahid

World

Gaza’s water crisis deepens as families face thirst, disease and collapsing sanitation systems

You may be interested

Malaysia

MINDEF to install radar on Layang-Layang Island to strengthen South China Sea surveillance

Malaysia

140 Palestinian NGOs support Khan over denial of due process

By Abbi Kanthasamy

Malaysia

Three killed after lorry crashes into parked trailer on East-West Highway

Malaysia

Good governance and political stability are essential for national prosperity, says Perak Ruler

Malaysia

Sara Aid expands to 13,700 stores as Govt widens access for rural communities

Malaysia

Zahid denies BN-PN-GPS-GRS meeting rumours, reaffirms Unity Government commitment

Malaysia

Police station chief suspended for allegedly accepting RM500 bribe

Malaysia

Tengku Ampuan Pahang offers land to Orang Asli families affected by Sungai Cot land dispute