Why ‘raid’ national trust fund, Najib asks after new ordinance passed

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Title : Why ‘raid’ national trust fund, Najib asks after new ordinance passed
Category : Malaysians

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Why ‘raid’ national trust fund, Najib asks after new ordinance passed

Najib Razak says when he was prime minister the money in the national trust fund increased from RM4 billion to RM16 billion.PETALING JAYA: Najib Razak has questioned the need for additional funds to procure vaccines following the passing of a new emergency ordinance that allows the government to tap into the national trust fund for such a purpose.“I have no issue if the act was amended for vaccines, but I have my doubts over what has happened to the RM3 billion set aside in the federal budget,” the former prime minister said in a Facebook post, referring to the sum allocated for the procurement of vaccines.Najib said Putrajaya had previously said RM2 billion from the allocation would be sufficient to vaccinate 83% of Malaysians and that the other RM1 billion would be used to store and distribute the vaccines.However, after the emergency was proclaimed, the RM3 billion allocati…

Najib Razak says when he was prime minister the money in the national trust fund increased from RM4 billion to RM16 billion.PETALING JAYA: Najib Razak has questioned the need for additional funds to procure vaccines following the passing of a new emergency ordinance that allows the government to tap into the national trust fund for such a purpose.“I have no issue if the act was amended for vaccines, but I have my doubts over what has happened to the RM3 billion set aside in the federal budget,” the former prime minister said in a Facebook post, referring to the sum allocated for the procurement of vaccines.Najib said Putrajaya had previously said RM2 billion from the allocation would be sufficient to vaccinate 83% of Malaysians and that the other RM1 billion would be used to store and distribute the vaccines.However, after the emergency was proclaimed, the RM3 billion allocati…


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