PETALING JAYA (THE STAR/ASIA NEWS NETWORK) - Prime Minister Mahathir Mohamad on Friday (June 1) brushed off allegations that his announcement to cancel the Malaysia-Singapore's high-speed rail (HSR) project preempted the Cabinet decision.

Tun Dr Mahathir said the decision to cancel the HSR was done by Pakatan Harapan from "the very beginning."

"We campaigned on that issue and we won't go away from the decision of the party simply because I couldn't form a Cabinet soon enough," he said at a press conference after the Pakatan presidential council meeting.

On Monday (May 28), Dr Mahathir announced that the HSR project will be axed but noted that it will take some time because Malaysia and Singapore had signed a contract on the multi-billion-dollar project.

Meanwhile, Dr Mahathir assured that the Government will remain "business friendly" to all investors.

"Local or foreign investors will be treated the same way and if there is a problem, it will be attended to.

"We will stick to the rule of law. The law is obvious, plain for everyone to see," he said.