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'Trace the missing RM52 bil in bumi shares'

2015-09-11 1 Dailymotion

Bagan parliamentarian and Penang Chief Minister Lim Guan Eng has called for a probe into the admission that RM52 billion worth of bumiputera shares are not in the right hands.<br /><br />"If we look at the RM54 billion worth of shares allocated, only RM2 billion worth remain in bumiputera hands. This means that there is a leakage of RM52 billion. Where has this gone?" he asked at a press conference in the Parliament lobby this morning.<br /><br />Lim was referring to a Bernama report dated June 30, 2009 in which premier Najib Abdul Razak had admitted that the bulk of the allocation is not held by bumiputeras as intended.<br /><br />The news agency had quoted Najib as saying: "Of the RM54 billion in shares allocated, only RM2 billion worth of shares are left in the hands of bumiputeras."

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