Minister: Political appointments help 'check and balance' GLCs
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Title : Minister: Political appointments help 'check and balance' GLCs
Category : Malaysians
Finance Minister Tengku Zafrul Abdul Aziz has defended the appointment of politicians to statutory bodies and government-linked companies (GLCs), saying the move helped provide “check and balance” and ensured firms operated per the government’s aspirations. He said this in his Aug 6 parliamentary reply to Kota Kinabalu MP Chan Foong Hin, who had asked for a list of political appointments, their salary schemes, plus justifications for their selection. In his answer, Tengku Zafrul (above) said 15 politicians including MPs, state assemblypersons, senators and party members had been appointed to Minister of Finance Incorporated (MOF Inc) companies while “only two” politicians were appointed to statutory bodies parked under his ministry. “Appointing politicians as non-executive directors and independent non-executive directors limits the power between the board of directors and manage…
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