Top banker Nazir Razak denies plans to set up political party
Singapore
MALAYSIA's top banker Nazir Razak has countered a buzz of excitement fanned by a recent online report that he was setting up and backing a new "non-partisan political party" in the country.
"This is not true," he said in a statment, after several Malaysian news outlets picked up a Hong-Kong based news portal's report that he had been "quietly meeting" with business leaders in his office in UK and in Malaysia to form a "well-funded" new party that would reach out to all races.
He said he was in talks to set up a non-government organisation (NGO), "but it remains just an idea at this moment".
It was more his accompanying remarks - deemed unusually candid, even given his outspokenness and more so b…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Luxury sector outlook clouded by China’s slow recovery
TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle
UAE announces US$544 million for rain repairs, says lessons 'learned'
HSBC says growing Chinese wealth fuels client investments in US