Will Putrajaya bail out GLC Sapura? - Malay Mail


3/25/2022 12:00:00 AM3 years 11 months ago
by Keertan Ayamany

KUALA LUMPUR, March 26 — With Malaysia still under the cloud of the 1MDB financial scandal, the government has to make another tough decision on whether or not to bail out heavily indebted oil-and-gas company Sapura Energy Bhd which is facing insolvency. Whic…

According to a report, if Putrajaya decides to help cover Sapuras billions of debt, this could backfire as Malaysians have become cognisant of corruption in the wake of the 1MDB scandal. Bernama pic … [+3172 chars]

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