Malaysiakini News

PKR: Subsidy removal gives sugar tycoons RM1bil more

Ram Anand  |  Published:  |  Modified:

VIDEO l 1:06 mins

PARLIAMENT Sugar tycoons in the country, mainly the politically connected Syed Mokhtar Al Bukhary's Central Sugar Refinery, can chalk up profits of RM1 billion as a result of the government's abolition of the sugar subsidy in the 2014 Budget, Opposition Leader Anwar Ibrahim said today.

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