'Trace the missing RM52 bil in bumi shares'
- 9 years ago
Bagan parliamentarian and Penang Chief Minister Lim Guan Eng has called for a probe into the admission that RM52 billion worth of bumiputera shares are not in the right hands.
"If we look at the RM54 billion worth of shares allocated, only RM2 billion worth remain in bumiputera hands. This means that there is a leakage of RM52 billion. Where has this gone?" he asked at a press conference in the Parliament lobby this morning.
Lim was referring to a Bernama report dated June 30, 2009 in which premier Najib Abdul Razak had admitted that the bulk of the allocation is not held by bumiputeras as intended.
The news agency had quoted Najib as saying: "Of the RM54 billion in shares allocated, only RM2 billion worth of shares are left in the hands of bumiputeras."
"If we look at the RM54 billion worth of shares allocated, only RM2 billion worth remain in bumiputera hands. This means that there is a leakage of RM52 billion. Where has this gone?" he asked at a press conference in the Parliament lobby this morning.
Lim was referring to a Bernama report dated June 30, 2009 in which premier Najib Abdul Razak had admitted that the bulk of the allocation is not held by bumiputeras as intended.
The news agency had quoted Najib as saying: "Of the RM54 billion in shares allocated, only RM2 billion worth of shares are left in the hands of bumiputeras."