BN will never sell strategic national assets, says Najib

Ravin Palanisamy Ravin Palanisamy Updated 6 years ago · Published on 10 Oct 2019 7:25PM · 6 Comments

Pekan MP Najib Razak (centre) says, in value terms, Pakatan Harapan is selling off strategic assets at five times the rate of his administration. – The Malaysian Insight pic by Nazir Sufari, October 10, 2019.

BARISAN Nasional (BN) will never sell strategic assets to keep national debts at a manageable level, as Pakatan Harapan is doing, said Najib Razak.

“If BN were still ruling, I guarantee that we will not choose to sell strategic assets.

“The sale of these assets is a short-term step that will be detrimental to the country and will surely harm the future generations,” the Pekan MP told reporters in the Parliament lobby today.

The former prime minister said that during BN’s administration, they actually increased national assets significantly, only for PH to sell most of them.

“Under PH, in just a year, too many strategic assets with high return value were sold,” he said.

Economic Affairs Minister Mohamed Azmin Ali had previously said that sovereign wealth fund Khazanah Nasional Bhd disposed of 84 assets when Najib was its board chairman between 2009 and 2018.

However, Najib said that Azmin didn’t mention the value of the assets that he sold off, the value of which sold in a year was five times more than that of his.

“The economic affairs minister said that 84 assets were sold in nine years and four months, but he didn’t value them.

“If we use Kadir Jasin’s figures, he said that the number is RM45.3 billion (over nine years) or RM5 billion a year.

“PH sold 12 assets in a year worth RM25.6 billion. Over a one-year period, that is five times more than BN,” Najib told reporters.

Najib also denied Finance Minister Lim Guan Eng’s allegation that they had to sell the assets because of BN government’s mismanagement. – October 10, 2019.

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Comments

  • For sure u won't sell, but u will allow 1mdb to borrow more billions from possibly EPF, Boustead, Tabung Haji and others under govt guaranteed. All Malaysians will have to pay back he 1mdb debt in decades to come. Shame on u and your whole family.

    Posted 6 years ago by James Wong · Reply

  • Selling of assets for the nation's development expenditure is way different than pocketing $Billions that only serve you and your family and creating more debt for the country which have to be paid not by you but the rakyat.

    Posted 6 years ago by Justin Leno · Reply

  • Where do those debts come from in the first place? Tell us! Tell us!

    Posted 6 years ago by Tanahair Ku · Reply

  • Ya-kah Najib? We know for a fact that you and your family and your 40 thieves stole public funds under the guise of building up strategic assets. Isnt that true?

    Posted 6 years ago by Rupert Lum · Reply

  • Dear Najib,
    1. Who sold off Tanjung Pagar KTM Station ?
    2. Isnt that strategic piece of asset ?
    3. Bollocks !

    Posted 6 years ago by Mohammad Badry · Reply

  • Dear Najib,
    1. Who sold off Tanjung Pagar KTM Station ?
    2. Isnt that strategic piece of asset ?
    3. Bollocks !

    Posted 6 years ago by Mohammad Badry · Reply