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I never changed my stance on corporate bailouts, says Anwar
Free Malaysia Today
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9 months ago
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#anwaribrahim
#sapuraenergybhd
#corporatebailouts
The prime minister says he has remained consistent, following the RM1.1 billion investment in Sapura Energy Bhd.
Read More:
https://www.freemalaysiatoday.com/category/nation/2025/03/13/govt-demanded-sapura-energy-management-change-before-rm1-1bil-injection-says-pm/
Laporan Lanjut:
https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/03/13/pengurusan-kanan-seb-kena-undur-sebelum-kerajaan-suntik-rm1-1-bilion-kata-pm/
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Transcript
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00:00
Prime Minister Anwar Ibrahim denied changing his stance on corporate bailouts
00:06
following the government's 1.1 billion ringgit investment in Sapura Energy Berhad.
00:12
Speaking at the Finance Ministry's monthly assembly,
00:15
he said he had remained consistent with his position on the matter.
00:30
Yesterday, Malaysia Kini reported that Anwar had been critical of a proposal for
00:59
the government to bail out Sapura Energy during a debate with former Prime Minister Najib Razak.
01:06
Today, Anwar also said the government had set several conditions before approving
01:10
the 1.1 billion ringgit investment. He said the decision was meant to assist the firm's 2,000
01:22
vendors, 80% of whom are Bumiputra entrepreneurs, while ensuring that the company avoids bankruptcy.
01:29
Natasha Bruce, FMT
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