Umno president Ahmad Zahid Hamidi has blamed Pakatan Harapan for the closure of Utusan Malaysia. <br /><br />Zahid said Harapan's move to freeze Umno's back accounts made it difficult to channel funds to Utusan. <br /><br />Utusan’s collapse comes less than two months after it raised prices for its printed newspapers in a bid to cover operational costs.<br /><br />At the time, its former owner Umno injected RM1.6 million to help pay overdue salaries following a staff picket.<br /><br />The company was later delisted from Bursa Malaysia for failing to settle its loans.
