Politics

‘IF BAILOUT INVOLVES SYARIKAT NAJIB THEN A BILL CALLED PUBLIC FUNDS TO ACQUIRE SYARIKAT NAJIB NEEDS TO BE TABLED & PASSED’ – RAFIZI MOOTS LAW TO STOP THE LIKES OF NAJIB IN WAKE OF SAPURA DEBACLE – ‘ORANG LAIN BUAT DIA KATA BODOH, DIA BUAT DIA KATA PANDAI’

Rafizi moots law to regulate govt bailouts PKR vice-president Rafizi Ramli has urged MPs from his party to draft a law to regulate corporate bailouts using public funds. In a statement today, he said this law should stipulate that any such bailout must be approved by Parliament by means of an act. “For example, if the ‘bailout’ involves ‘Syarikat Najib’, hence a bill called ‘Public Funds to Acquire Syarikat Najib’ needs to be tabled and passed,” he said. Najib salahkan PH sbb "bailout" Sapura 2019, tapi @NajibRazak boleh pulak cadangkan bailout lg. Org lain buat dia kata bodoh, dia buat dia kata pandai. PH ke, PN ke, BN ke, "bailout" selalunya buruk. Cdgn setiap bailout perlu ada akta Parlimen 👇https://t.co/NjtqWA6IBg pic.twitter.com/kJbIIFdcxg — Rafizi Ramli (@rafiziramli) April 6, 2022 . Any subsequent legislation for the bailout, said Rafizi (above), can be used to impose conditions such as blocking pay raises for the top executives or dividend payments for a certain time. This law is necessary to curb crony capitalism which has plagued various administrations, he said. Rafizi’s suggestion was his latest salvo in a series of exchanges with former prime minister Najib Abdul Razak who has been lobbying the government to […]


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