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30% of the country’s rice needs are imported and it is monopolized by Bernas. A rice import monopoly by only one Sdn Bhd company owned by a corporate figure may affect the country’s food security.
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By Syed Jaymal Zahiid
Monday, 05 Dec 2022 4:39 PM MYT
KUALA LUMPUR, Dec 5 — Prime Minister Datuk Seri Anwar Ibrahim revealed today that he spoke to tycoon Tan Sri Syed Mokhtar Al-Bukhary about the latter’s perceived monopoly of rice import through national rice company Bernas (Padiberas Nasional Berhad).
Anwar claimed at a press conference held after a special Cabinet meeting earlier this afternoon that he had “reprimanded” the billionaire, but stopped short of revealing details of the purported conversation.
The country’s tenth prime minister, who is also the finance minister, has vowed to carry out his reform agenda fully and said among his top priorities would be to break existing monopolies over supply chains by politically-connected elites.
“I had spoken to Tan Sri Syed Mokhtar and he had been reprimanded because he monopolises rice imports,” Anwar said.
“He must know that this import permit is not a concession and not a form of reward for him, but instead given to Bernas,” the prime minister added.
Bernas controls 30.6 per cent of the local rice market in which it imports rice from countries such as Thailand, Myanmar to meet local demand, according to a report by The Edge.
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https://twitter.com/khalidkarim/status/1599677624011599874?s=20&t=IzXSCFSdPg2EDO7MUsNL3Q
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226,595 views Dec 4, 2022
Annexed by Putin back in 2014, Crimea is a vastly different place to Kherson. A defensible peninsula where Moscow’s rule has become deeply entrenched.
But does that mean its liberation is impossible? Or might Ukraine really be capable of reclaiming it? In today’s episode, we’re examining Kyiv’s stated goal of retaking Crimea… and analyzing whether Ukraine could really pull off its greatest victory yet.
→ Subscribe for new videos at least twice a week! https://www.youtube.com/c/biographics…
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Anwar Ibrahim is both Prime minister and Finance Minister
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Datuk Seri Anwar Ibrahim says case handed over to authorities for investigation
Updated 8 minutes ago · Published on 05 Dec 2022 4:15PM
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.
https://www.thevibes.com/articles/news/79231/mof-officials-confirm-serious-procedure-breach-by-muhyiddins-govt-on-rm600-bil-fund
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