ABU - ASALKAN BUKAN UMNO

ABU - ASALKAN BUKAN UMNO

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Saturday, February 25, 2012

NEP was not designed to create Malay capitalists, says Ku Li

Sulaiman Kamal | 10:27 AM | | | | Best Blogger Tips

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Tengku Razaleigh said New Economic Policy was intended for all Malaysians, and 
not just for the Malays or Bumiputeras.

KUALA LUMPUR — The New Economic Policy (NEP) was never meant to create an incubated class of Malay capitalists, Tengku Razaleigh Hamzah, the former Umno finance minister and veteran party leader, said today.
His speech appeared in part to be a warning to the Najib administration against emulating his old political rival Tun Dr Mahathir Mohamad’s policies.


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