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Ideas' policy paper on GLCs 'misleading', says Abdul Wahid

Mimi Sabreena 4:02:00 PM Informasi

KUALA LUMPUR (Dec 22): Tan Sri Abdul Wahid Omar has termed a recent policy paper by the Institute for Democracy and Economic Affairs (Ideas), which says government-linked companies (GLCs) are crowding out private investment, as “misleading”.

Speaking in his personal capacity today, Abdul Wahid — who is group chairman of Permodalan Nasional Bhd — told reporters that he supports the statement issued by sovereign wealth fund Khazanah Nasional Bhd on Thursday that rebutted the policy paper dated Dec 18.

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