Economists: Forensic audit necessary on Sapura Energy

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PETALING JAYA: A forensic audit has to be done on Sapura Energy Bhd, if at all Datuk Seri Najib Razak’s suggestion for Petroliam Nasional Bhd (Petronas) to come to the rescue of the loss-making firm is considered, says economists.

The former prime minister said during his debate with Opposition leader Anwar Ibrahim on Thursday , that Petronas has the right expertise to assist Sapura Energy.

The causes, consequences, costs and benefits of various options will need to be assessed thoroughly and objectively and, if public funds are used, in an open and transparent manner.” "Sapura could be sold to overseas buyers if they felt a commercial value in it. So, government bailouts are not necessary nor are they the only solution,” he said.

He added that if Petronas is interested, it should conduct its own assessment on the option but the national oil company should not be forced into it. Najib also cited the US government’s bailout of the American International Group and Citigroup as an example. He went on to add that the move led to the government making billions of dollars in profit in return.

 

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What about Serba Dinamik? 🤔 CitizenNades tamys46 hwabeng jequalize PhilipGolingai

Duit lesap ....bangkap . Gunakan duit Petronas..selamatkan Kroni. Forensics X perlu ...Jib ...Jib

Economist are cool.👍💯

Finally they admitted wat dsai mentioned

Only them fools don’t want it.

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