KeTTHA Minister Datuk Seri Dr Maximus Ongkili: "Sabah Electricity Sdn Bhd is on the verge on insolvency."
The Energy, Green Technology and Water Ministry has defended 1MDB's decision to sell all of its power assets under Edra Global Energy Bhd to China as the sale does not jeopardise national security.
Its Minister Datuk Seri Maximus Ongkili said Edra’s power assets only contribute 14% of the nation’s electric generation capacity.
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