malaysia

The impression that Malaysia wasted funds, especially on the Employees Provident Fund (EPF) and Khazanah Nasional, abroad is incorrect, said Datuk Seri Najib Tun Razak.

The prime minister said there were those who tried to mislead the fact that Malaysia contributed funds to the United States without getting a return.

“I want to explain, because people who are ‘spinning’ seem to want to contribute and get nothing in return.

“Because (for example) we buy Boeing aircraft because we want to make Malaysia Airlines as a competitive airline, and when someone else (Dreamliner) is there, we have to,” he said.

Najib spoke to Malaysian media before ending a three-day working visit here Wednesday, focusing on the visit was his meeting with President Donald Trump at the White House on Tuesday.

According to the prime minister, such a move is to implement a transformation of the national carrier.

Najib said, as well as when the EPF invests in America, they will get huge returns and give dividends to workers in Malaysia.

“Hence, it’s not a single way, they are trying to figure it out as if I’m here to buy US influence. This is another very negative deviation that is not true at all,” he said.

Najib said Malaysia’s intention to invest in high-tech companies was that the company would become Malaysia’s property.

That way, he said, Malaysia will earn more in the future.

According to Najib, Malaysia is now a country of exporters of capital and the situation is the same when the United States is investing in Malaysia.

“The fact that we are now an exporter of capital shows Malaysia is a successful country,” he said.

Toward the visit, several media, including the United States, tried to give bad publicity to Najib by linking him with the investigation into 1MDB.

On the contrary, according to Najib, his visit went smoothly, especially the warm welcome by President Trump and his senior adviser line.

“With a good response by President Trump, everything (accusation) has been totally missed and there is no basis for acceptance by Malaysians,” he said. – BERNAMA

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