Khazanah's divestment proceeds not to pay govt debts, says Azmin

Khazanah's divestment proceeds not to pay govt debts, says Azmin

The Edge Markets - Malaysia·2019-10-10 16:12

KUALA LUMPUR (Oct 10): Proceeds from the disposal of Khazanah Nasional Bhd’s shares, assets and interests fully belong to the sovereign wealth fund and will never be used to pay government debts, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

He said Khazanah would usually use the divestment proceeds to undertake new investments as well as pay its debts that are almost due.

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