TELUK INTAN: It is ridiculous to blame the Government for the closure of a 12-year-old bakery chain, said Prime Minister Datuk Seri Najib Tun Razak.
“Other bread franchises are doing well. Even the mee rebus stalls here are doing good.
Perhaps this particular franchise opened in non-strategic locations, or their prices were too high.
Najib said this in his speech when launching the Teluk Intan 1Malaysia People’s Housing (PR1MA) scheme here Wednesday (April 18).
“When their business was not going well, they blamed the economy and the current administration,” he added.
Najib said it was ridiculous to blame the Government over one’s failure in business.
“It could even be because their bread does not taste as good,” he said.
Najib said this accusation - that the bread franchise closed down because of the Government’s fault - is a blatantly fake piece of news.
“Our economy is growing positively. The World Bank has projected that our country’s economy is expected to grow to 5.8% this year," said Najib.
Earlier, Najib announced allocation for 500 units under the People’s Housing Project (PPR), installation of floodlights in a school stadium and the biggest news of all, the building of a new Urban Transformation Centre here.
Although no names were mentioned, Najib is believed to be taking a swipe at former prime minister Tun Dr Mahathir Mohamad after the premium Japanese-inspired bakery closed down recently.
Dr Mahathir had launched the bakery’s first outlet in Langkawi in 2006.
He had also denied owning this bakery franchise, although documents from the Companies Commission of Malaysia (SSM) showed Dr Mahathir’s name listed as a director and shareholder of M&M Consolidated Sdn Bhd, the company that runs The Loaf.