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Khazanah-GIP deal not discussed by Cabinet: PM

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Publish date: Tue, 25 Jun 2024, 11:29 AM

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim today confirmed that the share deal between the country's sovereign wealth fund Khazanah Nasional Bhd (Khazanah) and Global Infrastructure Partners (GIP) was not discussed by Cabinet.

During the prime minister's question time in Dewan Rakyat today, Anwar said the matter was only informed to the Cabinet when a decision was made.

"All investments by Permodalan Nasional Bhd (PNB), Employee Provident Fund (EPF) and Khazanah are not matters for the Cabinet (to discuss).

"I also want to emphasise that in the minutes of previous meetings (by the Cabinet), all of these companies were not discussed or referred to the Cabinet, the same was done including when the other side (the opposition) was in administration.

"However, I did inform the Cabinet afterwards about what had transpired for their information and news saying that we did not know was correct because I only informed them (the Cabinet) after the decision was made," he told the Lower House.

 

https://www.nst.com.my/news/nation/2024/06/1068001/khazanah-gip-deal-not-discussed-cabinet-pm

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