Malaysiakini News

Dr M: Najib's FDI via land sales like selling S'pore to colonial Britain

Published:  |  Modified:

Prime Minister Najib Abdul Razak's move to attract Foreign Direct Investment (FDI) by selling Malaysian land is akin to selling Singapore to Great Britain during the colonial era, according to Dr Mahathir Mohamad.

"The result does not benefit us at all. Much of the most valuable land would be owned and occupied by foreigners. They would become foreign land.

"When we sold the Singapore island to the Brits, we must know that Singapore with all its wealth and development has become a foreign country.

"We cannot be proud of its achievement anymore than we can of the development of other countries in the world," said the former prime minister in a blog posting today...

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