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MALAYSIA: DR MAHATHIR CAN CORRECT KHAZANAH’S MISTAKES AND SHORTCOMINGS

KUALA LUMPUR, Malaysia Aug 4 (NNN-Bernama) � The new chairman of Khazanah Nasional, Prime Minister Dr Mahathir Mohamad will be able to address the mistakes, weakness and shortcomings of the sovereign wealth fund.

Asean Traders Association President Moehamad Izat Emir said Dr Mahathir would also reinvigorate business performances in realising the objectives and direction of government-linked companies (GLC) in meeting the people’s hopes and aspirations.

In a press statement yesteray, he said improving transparency and establishing a more organised, fair and meaningful process to ensure no favouritism and self-interest by GLC leaders would be among steps to be taken to spur the growth of the domestic industry.

Moehamad Izat said Dr Mahathir would also assume a major role in helping traders, especially Bumiputera businessmen, and he would indirectly instil a new spirit of working closely with the government’s new policies.

Source: NAM News Network

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