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Anwar Defends GLIC-Funded Housing, Says Petronas Helped Develop Putrajaya

Summary by Malay Mail
KUALA LUMPUR, Oct 27 — Prime Minister Datuk Seri Anwar Ibrahim today defended the use of government-linked investment companies (GLICs) to fund domestic development, citing...

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KUALA LUMPUR – The government has banned the interference of politicians in determining the projects and investment priorities of government-linked investment companies (GLICs) to ensure that the funds are managed professionally and responsibly. Prime Minister Datuk Seri Anwar Ibrahim said investment decisions should be determined by a body made up of professionals and experts in related fields, and not influenced by political interests. ...

KUALA LUMPUR: The government has assured that there will be no interference from any politician in determining any projects involving government-linked investment companies (GLICs) and government-linked companies (GLCs). Prime Minister Datuk Seri Anwar Ibrahim said this is to ensure that investment decisions are made based on economic interests and professional assessments, not the interests of certain individuals or groups. He said that the dec…

KUALA LUMPUR, Oct 27: Kerajaan tidak membenarkan campur tangan ahli politik dalam menentukan projek dan keutamaan pelaburan syarikat pelaburan berkaitan kerajaan (GLIC), sebaliknya menyerahkan keputusan itu kepada badan yang dianggotai golongan profesional dan pakar dalam bidang berkaitan.

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tvsarawak.my broke the news on Tuesday, October 27, 2026.
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