Ministry to explain new AP holders claim this week

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Ministry to explain new AP holders claim this week
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Ong Kian Ming says this after portal alleged that the gov't approved 38 new AP holders.

The International Trade and Industry Ministry is expected to issue a statement regarding an allegation in an automotive portal that Putrajaya approved 38 new approved permit holders.today when asked about updates to the case."Miti will be issuing a statement on this issue soon," he said, adding that an announcement is expected by the end of the week.said it learned of the awarding of new APs from a long-established holder.

“ means the total number of APs circulating remains the same, and it is just that the AP wealth is now spread evenly, with 38 new players who are mostly just selling their APs and not doing the import business."last November, Ong said Putrajaya had no plans to abolish the AP system, but would review it to ensure there is no abuse.

Speaking at the Future of the Bumiputera and Nation Congress last September, Prime Minister Dr Mahathir Mohamad said that in the past, numerous business opportunities had been given to Bumiputera under the New Economic Policy, but many sold their contracts and APs for profit.

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