Why loan RM300 million to a debt-ridden airline, asks Sabah PPBM leader

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Faisyal YH Diego challenges ex-CM Shafie Apdal to explain why he granted a huge loan to an airline that was reportedly billions in debt when the people of Sabah need it more. FMTNews PBBM Sabah

PPBM’s Faisyal YH Diego says Shafie Apdal had last year declared that Sabah money should only be used to develop the state.

“ As we all know, their creditors are hot on their heels. It had been reported the airline is bogged down with a RM65 billion debt,” he said in a statement here today. “Who are they trying to fool? An airline company that retrenched 2,400 of its own workers promised to create 100,000 jobs with a RM300 million loan?

“This is because the loan was not approved overnight. Instead, SDB had carried out its own investigation and thorough risk assessment before deciding to approve the loan.

 

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😬😔😏and why not MAS when its d national carrier

fak u..let shafie focus on helping too..

Its called investment, and we all know u guys are just trying to manipulate things to get some 'komisen' from this. What happen to Saham Rakyat Sabah last time? Surely many of us would get thousands

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