Anwar moots pay cut for state govt leaders
The leader of Malaysia's ruling coalition Pakatan Harapan (PH), Datuk Seri Anwar Ibrahim, has proposed a 10 per cent pay cut for leaders of all state governments that it controls, to emulate salary reductions of the federal PH Cabinet, Malaysiakini news site reported yesterday.
Malaysia's Cabinet ministers this week announced a 10 per cent pay cut as part of efforts to curb government expenditure.
Najib defends economic record
Former Malaysian premier Najib Razak is taking to social media to defend his economic record, denying his administration manipulated national debt levels and warning the new government against spooking the markets.
He hit back at Finance Minister Lim Guan Eng, who said the new government will tell the truth about Malaysia's debt situation.
Mr Lim on Thursday gave a breakdown of government debt and liabilities exceeding 1 trillion ringgit (S$340 billion).
Income tax board told to probe Jho Low
Malaysia's Finance Minister Lim Guan Eng has asked the Inland Revenue Board to investigate financier Low Taek Jho, also known as Jho Low, and his family in relation to 1MDB, the state fund at the heart of a massive anti-corruption probe.
Mr Lim said in a tweet: "The Inland Revenue Board is asked to investigate Jho Low and his family in relation to any returns or anything received in the 1MDB scandal."