Blue-eyed boy makes government see red

KUALA LUMPUR, Jan 25 – He is without doubt the blue-eyed boy of corporate Malaysia, sitting atop the country’s top investment agency and lording over the vast government-linked company empire.

But Tan Sri Azman Mokhtar’s recent statements in the press have caused some unease with members of the outgoing Abdullah administration and raised some red flags with some supporters of incoming prime minister, Datuk Seri Najib Tun Razak.

Senior government politicians are wondering why he has been bent on embarrassing the government with comments about Valuecap and KLIA East, statements which have put the administration on the back foot.

In comments published in the New Straits Times on Saturday, he said that Valuecap has yet to get the RM5 billion capital injection from the government.

“It’s on the way,” he said.

Last October, the government said that it would help boost Valuecap’s fund by RM5 billion to buy undervalued stock and provide a boost to the market. [read more]

No comments: