Rafizi: Why is China-owned Edra targeting funds from EPF, KWAP?

Lu Wei Hoong

Modified 29 Nov 2017, 8:50 am

Pandan lawmaker Rafizi Ramli believes there is no reason for China-owned Edra Power Holdings Sdn Bhd to target the Employees Provident Fund (EPF) and Retirement Fund Incorporated (KWAP) in its plan to raise RM5.28 billion financing via sukuk for Malaysia’s largest power plant project.

“I am asking (prime minister) Najib (Abdul Razak) to make sure this Chinese investment is truly a Chinese investment. If you say that we sell (Edra) to this Chinese company, then they can bring in the money," the PKR vice-president said in a press conference in Parliament today

“Fair enough, bring their money (but) don't take money from EPF and KWAP,” he added...

Share this story

By posting a comment, you agree to our Terms & Conditions as stipulated in full here


Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.


Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.