Asset sales not FDI - Najib scoffs at Guan Eng's claim

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Asset sales not FDI - Najib scoffs at Guan Eng's claim
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Former prime minister ridicules finance minister's claim of having achieved the highest realised FDI in Malaysia’s history.

PETALING JAYA: Najib Razak has ridiculed finance minister Lim Guan Eng’s claim that Malaysia had achieved RM21.7 billion in realised foreign direct investments for one quarter.

But Najib said he had checked a Bank Negara report which showed that the RM8.4 billion investment from Japan was, in fact, the proceeds from the sale of Khazanah Nasional’s stake in IHH Healthcare Berhad to Mitsui of Japan.

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