Malaysiakini News

Putrajaya mulls new law to clamp down on ‘Ali Baba’ contracts

Faisal Asyraf  |  Published:  |  Modified:

The government is mulling a new law in its efforts to clamp down on “Ali Baba” contracts, which involve the selling of contracts or approved permits meant exclusively for the bumiputera community to non-bumiputeras for a quick profit.

Economic Affairs Minister Mohamed Azmin Ali said cabinet ministers have taken heed of the practice...

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