fbpx
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

Wee Ft Wee Ft
News34 mins ago

Transport Minister: More Public Transport Expected To Operate At Full Capacity Next Month

As Malaysia moves into the Covid-19 endemic phase, more public transport is expected to operate if domestic tourist destinations are...

Rnr Rnr
News2 hours ago

Almost All R&Rs Along PLUS Highway Have Reopened, Those Fully Vaccinated Allowed To Dine In

As Klang Valley moves on to Phase Two of the National Recovery Plan (NRP), more rest stops (R&R) have also...

Picture 1 3 Picture 1 3
News3 hours ago

The UK Eases Restriction On Fully Vaccinated Travellers From Malaysia

Fully vaccinated Malaysians are among travellers from 17 countries allowed to enter the United Kingdom (UK) without having to go...

Road Closure Simpang Pulai Cameron Highlands Road Closure Simpang Pulai Cameron Highlands
News4 hours ago

Simpang Pulai Road To Cameron Highlands Closed Indefinitely Due To Landslide

Federal Route FT 185 Section 43.9 at Jalan Simpang Pulai-Blue Valley heading to Cameron Highlands was completely closed to all...

Khairy Surprise Visit To Kajang Khairy Surprise Visit To Kajang
News19 hours ago

Health Minister Makes Surprise Visit To Kajang Hospital In Plain Clothes & Without Any Entourage

Malaysian Minister of Health, YB Khairy Jamaluddin paid a surprise visit to Kajang Hospital, today. Photos of the surprise visit...

Picture 1 1 Picture 1 1
News1 day ago

HK Chef Walks Away With New RM 5.7 Million Apartment After Winning Covid-19 Vaccine Lottery!

A 35-year-old chef in Hong Kong was announced as the winner of a flat worth HK$ 10.8 million (RM 5.7...

Picture 1 Picture 1
News1 day ago

Tapah School Teacher Charged For Allegedly Committing 32 Counts Of Sexual Acts On His Male Students

A teacher of a secondary school in Tapah pleaded not guilty at the Sessions Court here yesterday to 32 charges...

My Post 2021 09 17T142310.254 1 My Post 2021 09 17T142310.254 1
News2 days ago

Around 1,733 LGBTQ Malaysians Have Been Sent To Religious Camps To Be ‘Nurtured’ As Of June 2021

Malaysia has always had rather strict views on the matters of the LGBTQ community. So much so, that the Malaysian...

Announcement

Latest Videos



TRENDING TODAY