Anwar Ibrahim, Finance Minister: MoF officials confirm serious procedure breach by Muhyiddin’s govt on RM600 billion fund


Anwar Ibrahim is both Prime minister and Finance Minister



[UPDATED] MoF officials confirm serious procedure breach by Muhyiddin’s govt on RM600 bil fund

Datuk Seri Anwar Ibrahim says case handed over to authorities for investigation

Updated 8 minutes ago · Published on 05 Dec 2022 4:15PM

by Azril Annuar

PUTRAJAYA – Officials from the Finance Ministry have confirmed that there were serious breaches of procedure regarding the alleged RM600 billion misappropriation of government funds under former prime minister Tan Sri Muhyiddin Yassin’s rule, said Datuk Seri Anwar Ibrahim.

Speaking to the press after his first cabinet meeting today, the newly minted prime minister explained that he has now handed over the investigation to the relevant authorities.

“We have not raised or discuss it (a royal commission of inquiry to investigate the matter) with the cabinet. I leave it to our friends and the cabinet to decide on the matter, but what I do know is that there were a few serious breaches of procedure.

“There were excessive procurements and when it was approved, the markup was too high, and it went to certain parties, seeing that they had so much money to spend (during elections),” said Anwar.

However, the Tambun MP stressed that his focus is not going on an all-out witch hunt against any particular individuals but instead, on strengthening and rebuilding the nation’s economy.

He added that there have been multiple appointment requests by investors from India, China, Europe, and the US.

Touching on whether or not he will review Budget 2023, the prime minister said there would be a revision but he is confident that most of the budget will be accepted by his administration.



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