Up to Khazanah to sort out MAS' quandary - Tengku Zafrul

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Title : Up to Khazanah to sort out MAS' quandary - Tengku Zafrul
Category : Malaysians

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Up to Khazanah to sort out MAS' quandary - Tengku Zafrul

Finance Minister Tengku Zafrul Abdul Aziz has reiterated that the government will not pump in any more fund into Malaysia Airlines Bhd (MAB) and it is purely up to its sole owner, Khazanah Nasional Bhd, to sort it out.“We have consistently said that this is the matter where Khazanah has to resolve.“The Finance Ministry (MOF) will not be injecting any (more) cash or capital into the airline through Khazanah… so Khazanah (as the sole owner) will have to undertake their own exercise to ensure the survival of Malaysia Airlines,” he said on the BFM Radio’s Breakfast Grille programme today.Asked if the MOF will be giving any guarantees to MAB and whether the government will close down the airline, he said: “Right now we are not looking at any support from the government.“It is up to Khazanah as the sole owner of Malaysia Airlines. I have never ever said to close down Malaysia Airlin…

Finance Minister Tengku Zafrul Abdul Aziz has reiterated that the government will not pump in any more fund into Malaysia Airlines Bhd (MAB) and it is purely up to its sole owner, Khazanah Nasional Bhd, to sort it out.“We have consistently said that this is the matter where Khazanah has to resolve.“The Finance Ministry (MOF) will not be injecting any (more) cash or capital into the airline through Khazanah… so Khazanah (as the sole owner) will have to undertake their own exercise to ensure the survival of Malaysia Airlines,” he said on the BFM Radio’s Breakfast Grille programme today.Asked if the MOF will be giving any guarantees to MAB and whether the government will close down the airline, he said: “Right now we are not looking at any support from the government.“It is up to Khazanah as the sole owner of Malaysia Airlines. I have never ever said to close down Malaysia Airlin…


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