Khazanah's record profits from sale of assets, says Najib

Former prime minister says the value of the national sovereign fund's assets dropped by RM43 billion in two years under Pakatan Harapan. FMTNews Khazanah NajibRazak

PETALING JAYA: Former prime minister Najib Razak poured cold water today on Khazanah Nasional’s announcement of record profits, attributing it to the sovereign wealth fund’s sale of assets.

In 2016, he said, under the Barisan Nasional administration, Khazanah’s assets were valued at RM102 billion. This increased to RM116 billion the following year.

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