elite favoritism Shahril Shamsuddin to Contest Revocation of 1997 Gift
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RM1.1 billion for Sapura Energy exposes elite favoritism by Madani

1 min read

In his opinion piece, Dr. Ahmad Zaharuddin Sani Ahmad Sabri critiques the RM1.1 billion bailout of Sapura Energy under PM Anwar Ibrahim, spotlighting a stark divide in government support. He acknowledges the policy’s intent—safeguarding jobs and stabilizing the oil and gas sector—but argues it exemplifies a pattern of favoring politically connected corporations while small businesses fend for themselves. Dr. Ahmad questions why struggling entrepreneurs receive no such aid, stating, “The ordinary entrepreneur faces the harsh discipline of the market while the well-connected receive golden parachutes funded by public coffers.” He calls for accountability, highlighting systemic inequities in Malaysia’s economic framework.

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