Putrajaya ‘privatising profit, socialising losses’, says Selangor MB

KUALA LUMPUR, March 3 – Tan Sri Khalid Ibrahim today accused the Najib administration of continuing a privatisation policy that enriched an elite group of companies linked to the Barisan Nasional (BN) government at the public’s expense.

The first-term Selangor mentri besar(picture) seemed to be wading into the growing controversy surrounding the federal government’s decision to dish out lucrative national projects to private firms linked to certain corporate personalities close to the ruling political powerhouse.

A former corporate captain, Khalid noted that Prime Minister Datuk Seri Najib Razak has been talking to prominent business leaders and asking for help to develop Pakatan Rakyat (PR) led Selangor.