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MTUC slams RM5 billion loan to ValueCap
Syed Jaymal Zahiid | Dec 3, 08 5:49pm
A memorandum drafted by the Malaysian Trades Union Congress (MTUC) protesting against the RM5 billion loan from the Employees Provident Fund (EPF) to ValueCap Sdn Bhd to invest in the stock market, was handed over to Pakatan Rakyat MPs in Parliament today.

MTUC president Syed Shahir Syed Mohamud who handed over the memorandum said the body was concerned with the government's decision to use workers' money to invest in the stock market, given the current climate of economic uncertainties.
'Why invest in such volatile markets?'
Cronies to benefit?



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