Guan Eng ready to testify in court over Bumi equity rule on freight forwarders


Lim Guan Eng says when he was finance minister, the Customs Department had issued a letter stating that existing freight forwarders were exempted from complying with the 51% Bumiputera equity rule. – The Malaysian Insight file pic, October 17, 2021.

LIM Guan Eng is ready to become a witness in court to challenge the Perikatan Nasional government’s decision to impose a Bumiputera equity requirement on existing freight forwarding companies.

In a statement, Lim said when he was finance minister, the Customs Department had issued a letter stating that existing companies were exempted from complying with the 51% rule.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments