MACC clears Sabah bank's RM300mil loan to AirAsia

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The anti-graft agency says it has found no evidence of wrongdoing in Sabah Development Bank's loan to the low-cost airline. FMTNews MACC AirAsia

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Former Warisan minister Junz Wong says the loan to AirAsia is to be repaid and is not a ‘gift’ or ‘handout’.

“MACC has further confirmed that the investigation did not produce any evidence of wrongdoing under the MACC Act 2009,” said its board of directors. “In the absence of tourism money, agriculture and aquaculture was the next big thing to carry on Sabah’s economy,” he said.

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