pywong
21st October 2008, 11:54 PM
Najib has no business directing EPF what to do with its money.
EPF loan is abuse of power, says DAP
KUALA LUMPUR, Oct 21 – The DAP has accused the federal government of abusing its authority by directing the Employees Provident Fund (EPF) to inject RM5 billion into ValueCap Sdn Bhd as a way to shore up “undervalued companies” on Bursa Malaysia.
Its national publicity secretary Tony Pua was responding to the new Finance Minister Datuk Seri Najib Razak’s statement today that the RM5 billion injection into ValueCap will be in the form of a loan from EPF.
http://www.themalaysianinsider.com/index.php/malaysia/10911-epf-loan-is-abuse-of-power-says-dap
EPF loan is abuse of power, says DAP
KUALA LUMPUR, Oct 21 – The DAP has accused the federal government of abusing its authority by directing the Employees Provident Fund (EPF) to inject RM5 billion into ValueCap Sdn Bhd as a way to shore up “undervalued companies” on Bursa Malaysia.
Its national publicity secretary Tony Pua was responding to the new Finance Minister Datuk Seri Najib Razak’s statement today that the RM5 billion injection into ValueCap will be in the form of a loan from EPF.
http://www.themalaysianinsider.com/index.php/malaysia/10911-epf-loan-is-abuse-of-power-says-dap