EPF withdrawals of RM101b will not affect domestic financial markets: Mohd Shahar

KUALA LUMPUR: The withdrawals of RM101 billion under the Employees Provident Fund's (EPF) i-Sinar, i-Lestari and i-Citra facilities will not affect the domestic financial markets, said Deputy Finance Minister I Mohd Shahar Abdullah.

He denied that the withdrawals had a negative impact on investments in the Malaysian Government Securities (MGS), an area where the EPF is one of the biggest players.