Malay Mail·3 min read·medium

‘No excuses’: Anwar to explain KWAP’s RM200m eFishery investment loss in Dewan Negara tomorrow

M
Malay Mail
‘No excuses’: Anwar to explain KWAP’s RM200m eFishery investment loss in Dewan Negara tomorrow
AI Summary

Malaysian Prime Minister Anwar Ibrahim has committed to addressing a RM200 million investment loss by the Retirement Fund Incorporated (KWAP) in the Indonesian firm eFishery. The government suspects the loss resulted from fraudulent financial reporting by eFishery management, and an investigation is currently underway.

IPOH, July 19 — Prime Minister Datuk Seri Anwar Ibrahim said he will explain in the Dewan Negara tomorrow the reported RM200 million loss involving Retirement Fund Incorporated’s (KWAP) investment in Indonesian company eFishery.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesspoliticseconomy

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in