Come clean over RM11.5bil borrowings, watchdog tells Putrajaya

[superadmin]

PETALING JAYA: An anti-corruption watchdog has questioned why the government borrowed RM11.5 billion in a span of 10 days, and demanded that the Perikatan Nasional government be transparent over the loans.

The Center to Combat Corruption and Cronyism (C4) said the government needs to account for the money.

“PN must account for what is on Bank Negara Malaysia’s website,” its executive director, Cynthia Gabriel, told FMT.

On Monday, former prime minister Najib Razak had questioned the government over the billions in borrowings in 10 days.

In a Facebook post, Najib included screenshots of details from the BNM website showing billions of ringgit in bonds issued by the government with the central bank as the facility agent.



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