Connect with us

Social Stories

Najib Claims PN Govt Borrowed RM11.5 Billion From Bank Negara Within 10 Working Days

Published

My Post 2021 08 10T174951.128
Source: The Edge Markets & eNanYang

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

It’s no secret that money (unfortunately) makes the world go round.

And in Malaysia, this sentiment seems to be emphasised as some Democratic Action Party (DAP) Parliament Members have stepped forward to claim that the Perikatan Nasional (PN) government offered them bribes in exchange for their support.

Now, former Malaysian prime minister, Najib Razak, is taking to his Facebook page to insinuate the PN government of foul play, after they allegedly borrowed about RM11.5 billion from Bank Negara in the span of 10 working days.

Pn Borrow Money 1

He wrote, “They are borrowing money as fast as they can like it’s the end of the world.”

Najib showcased documents from 27 July, 3 August and 9 August 2021, which alleges that the PN government had borrowed RM5.5 billion, RM4 billion and RM2 billion respectively.

“Why are they in such a hurry to borrow? What’s the rush?” he asked.

If this were to be true, then it wouldn’t be the first time this year that the PN government is borrowing large sums of money.

Pn Borrow Money 4

According to a report back in June by Sinar Harian, Finance Minister, Tengku Datuk Seri Zafrul Abdul Aziz, shared that the government was going to borrow up to RM35 billion from within the country to fund economic stimulus initiatives through the Prihatin Rakyat Economic Stimulus Package (Prihatin) and the National Economic Regeneration Plan (Penjana).

And if Najib’s accusations are true, we wonder what the money is going to be used for.

Stay tuned for more updates. 

 

Also read: Study: 75% Of Malaysians Believe The Country’s Economy Is Rigged To Benefit The Rich

My Post 2021 08 10T161348.581

Source: Najib Razak
Source: Sinar Harian

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Kyan Ft 20 Kyan Ft 20
News8 hours ago

M’sian Students Perform Traditional Dances In Prague, Leave Foreigners Fascinated To Learn The Moves

Malaysian traditional dances are getting some international attention, with participants from other countries reportedly becoming so fascinated by a group...

Dd Ft 3 1 Dd Ft 3 1
News8 hours ago

Police Tracking Down MPV Owner After 2 Kids Seen Sticking Out Of Sunroof While Car Was Moving

A recent video has been making the rounds online showing two individuals, believed to be children, sticking their upper bodies...

Kyan Ft 19 Kyan Ft 19
News9 hours ago

E-Hailing Driver Saves 71-Year-Old M’sian From Losing RM10,000 To Alleged Love Scam

A quick-thinking e-hailing driver helped save a 71-year-old woman from losing  RM10,000 to an alleged love scam after becoming suspicious...

Dd Ft 2 1 Dd Ft 2 1
News9 hours ago

M’sian Claims Man Asked For RM200 ‘Duit Kopi’ After ‘Helping’ Retrieve Missing Phone In Viral Video

A recent video has gone viral after a woman claimed she fell victim to a man who offered to “help”...

Kyan Ft 18 Kyan Ft 18
News10 hours ago

RON97, Unsubsidised RON95 & Diesel Prices Drop 5 Sen From Today Until Sept 9

Fuel prices in Malaysia have dropped by 5 sen per litre as of today (September 3), with RON97, unsubsidised RON95,...

Dd Ft 1 1 Dd Ft 1 1
News1 day ago

Hannah Yeoh & Husband Divorce After 18 Years Of Marriage, Official Website Confirms

Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh has been making headlines following reports of her divorce. According...

Dd Ft 3 Dd Ft 3
News1 day ago

“Doctor said you felt no pain” – Brother of Woman Killed in LPT1 Crash Pens Heartbreaking Tribute

A freak accident on 31 August at KM110.3 of the East Coast Expressway (Eastbound) in the Lanchang area of Temerloh...

Kyan Ft 15 Kyan Ft 15
News1 day ago

Entrance to Victoria Bridge in Perak Temporarily Closed, Safety Nets to Be Installed After 3yo Dies From Fall

The Kuala Kangsar Municipal Council (MPKK) is currently seeking an allocation of around RM50,000 to install safety netting beneath the...

Announcement

Latest Videos



TRENDING TODAY