CM denies Penang heading for bankruptcy | New Straits Times

GEORGE TOWN: The Penang government has dismissed claims by its detractors that the state is heading towards bankruptcy.

Penang, Bankruptcy

3/12/2021 9:09:00 AM

NSTnation Chief Minister Chow Kon Yeow said the state still has an accumulated reserve of RM1.82 billion as of last year and not RM888 million as stated by Lim Guan Eng. Penang Bankruptcy Reserve

GEORGE TOWN: The Penang government has dismissed claims by its detractors that the state is heading towards bankruptcy.

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