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PAC probes RM500 million alleged loss from MAHB stock transactions

1 min read
Sombong, pac probes, Bersatu Women
"Sombong Yang Berhormat Ni, Dah Jadi Menteri Sombong" - Mas Ermieyati

Malaysia’s Public Accounts Committee (PAC) is probing a RM500 million loss from Malaysia Airports Holdings Berhad (MAHB) stock transactions, following the Employees Provident Fund’s (EPF) decision to sell shares at RM6.74 and repurchase them at RM11. PAC chair Mas Ermieyati Samsudin suggested summoning Transport Minister Anthony Loke for questioning: “All ministers appearing before the PAC do so as part of their duties and responsibilities.” NGOs and political parties, including MCA, have urged a thorough investigation into the controversial stock dealings. Madani in trouble?

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