Prime Minister Dr Mahathir Mohamad has accused his predecessor Najib Abdul Razak of being a firm believer that cash is the ultimate panacea for all conundrums and winning the hearts of the people.

He often recalls a conversation with Najib when the latter was in power and how the former premier had told him point blank that “cash is king”.

However, a source close to the former premier repudiated Mahathir's version of that conversation...