Warisan S Track Record Doesn T Reflect Good Governance Says Grs Leader


 Divisional youth chief Ceasar Mandela Malakun points to concerns with SIP and SDBank when Warisan was in power from 2018 to 2020.
Restructuring efforts are being carried out for Sabah International Petroleum and Sabah Development Bank, says GRS’s Penampang Youth chief Ceasar Mandela Malakun.PETALING JAYA: Warisan’s track record with state-linked companies does not reflect good governance, says a divisional youth chief of Gabungan Rakyat Sabah
Ceasar Mandela Malakun, head of GRS Penampang Youth, dismissed recent claims on good governance raised by Warisan vice-president Junz Wong.
Malakun said Warisan’s portrayal of itself as a reform-oriented government did not reflect the realities of its time in power from 2018 to 2020.
Malakun highlighted the serious concerns that were raised over Sabah International Petroleum (SIP) and Sabah Development Bank (SDBank) at the time.
The concerns were about the concentration of power and oversight when the chief minister, who was also state finance minister, added on the role of SIP chairman.
“From May 2018 to September 2020, SIP’s debts to SDBank increased from RM1.05 billion to RM1.24 billion, while its total group liabilities – combining those with commercial banks – rose to RM1.75 billion,” he said in a statement today.
Malakun also pointed to SDBank’s external bond obligations which reportedly jumped from RM3.66 billion to RM4.57 billion by the time Warisan left office.
“Despite clear signs of financial distress, the bank continued to declare annual profits,” he said.
“Industry observers at the time said this raised concerns of governance weaknesses, including the possible use of creative accounting practices that may have masked the bank’s underlying financial risks,” he said.
Malakun said the GRS-led government is currently undertaking restructuring efforts to restore proper financial discipline, improve risk management, and ensure that SIP and SDBank serve their developmental mandates effectively.
“Sabahans deserve the truth, not Junz’s selective memory. Governance isn’t about rhetorics, it’s about taking responsibility,” he said. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2025/05/warisans-track-record-doesnt-reflect.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Anwar Says Kaamatan And Gawai Reflect Malaysia S Unique Heritage And Unity

Anwar Says Kaamatan And Gawai Reflect Malaysia S Unique Heritage And Unity

papar berkaitan - pada 31/5/2025 - jumlah : 80 hits
Prime Minister Datuk Seri Anwar Ibrahim struck a gong to symbolically officiate the Sabah state level Kaamatan Festival celebration at the Hongkod Koisaan Hall Kadazandusun Cultural Association Penampang Sabah today Also present was Sabah C...
Grs S 52 Seat Bid Risks Straining Ties With National Party Allies Says Analyst

Grs S 52 Seat Bid Risks Straining Ties With National Party Allies Says Analyst

papar berkaitan - pada 28/5/2025 - jumlah : 66 hits
Syahruddin Awang Ahmad says national parties such as Umno will see GRS s proposal in an unfavourable light An analyst said a proposal for GRS to contest 52 out of 73 seats in the upcoming state polls could spark dissatisfaction among nation...
Pkr Built Through Struggle Don T Let It Sink Says Fuziah

Pkr Built Through Struggle Don T Let It Sink Says Fuziah

papar berkaitan - pada 23/5/2025 - jumlah : 91 hits
With the party polls set for tomorrow its secretary general reminds members of the hard fought journey to power cautioning against actions that could fracture internal unity PKR secretary general Fuziah Salleh reminded members that PKR s su...
Penang May Scrap Undersea Tunnel Plan Says Exco

Penang May Scrap Undersea Tunnel Plan Says Exco

papar berkaitan - pada 22/5/2025 - jumlah : 131 hits
The undersea tunnel project was first proposed in 2011 and was intended to connect George Town to Butterworth The 7 2km long undersea tunnel and roads project is part of the RM46 billion Penang Transport Master Plan GEORGE TOWN The Penang g...
Outcome Of Pkr Polls Will Not Lead To Cabinet Reshuffle Says Anwar

Outcome Of Pkr Polls Will Not Lead To Cabinet Reshuffle Says Anwar

papar berkaitan - pada 22/5/2025 - jumlah : 108 hits
However the prime minister says he could not prevent ministers from resigning Anwar Ibrahim who is the PKR president said the party election this Friday was a competition involving friends close associates and acquaintances PETALING JAYA Th...
Breakfast Di Ruang Makan Kitchen Double Tree By Hilton Hotel

Isu Hibah Takaful Rm1 Juta Dicabar Kenapa Isteri Hanya Dapat 1 8 Berapa Jumlah

Why Is A Non Muslim Dap Rep Be Allowed To Poke His Nose In The Running Of Islamic Affairs

Mb Selangor Amirudin Goyang Mungkin Mangsa Seterusnya Yang Bakal Kena Kerat

Kurma Muda

Aku Koyakkan Baju Dia Posting Bos Susu Raih Perhatian Ramai Promote Ais Krim Guna Double Meaning

Cara Simpan Daun Bawang Dan Ketumbar Sebulan Pun Segar Lagi

Awis Spin Harapan Palsu Chord


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Kotak Kopi Eksklusif Tarik Perhatian Pembeli Seawal Pandangan Pertama

Hello Me 2025

Tempah Makanan Di Pondok Mama

Kelantan 2 Pemandu Jentolak Maut Jatuh Cerun Gaung

Tengku Zafrul Keluar Umno Zahid Tuntut Kuota Menteri Dikembalikan Umno Layak Mohon Satu Kerusi

Bukan Wakil Rakyat Tengku Zafrul Tak Perlu Bayar Pampasan Rm100 Juta Tok Mat