A PKR lawmaker raised concerns over the possibility that a major government-linked company (GLC) would be sold to China as part of a quid pro quo arrangement.

Pandan MP Rafizi Ramli said he previously received information that a government-linked conglomerate will be listed in Singapore next year, with the majority stake being offered to China.

Rafizi, who founded the National Oversight and Whistleblowers Centre (NOW), said he did not go public with the information pending more evidence but a Financial Times report today on China lending help to 1MDB raises red flags.

"The report by Financial Times is truly troubling as it appears to confirm the information I received a few months ago," he said in a statement today.