Prime Minister Dr Mahathir Mohamad has accused the previous BN government of being inefficient and corrupt, pointing out that China investors were asked to give 30 percent of shares to certain people.

He said this during the China Entrepreneur Club Leaders Forum at China World Summit Wing Hotel in Beijing today.

Mahathir was asked by one of the Chinese entrepreneurs during the forum that the business community in China was worried about the procedures of doing businesses in Malaysia.