PAC: High investment risks led to Khazanah's losses

KUALA LUMPUR: High investment risks in a handful of companies are among the reasons why Khazanah Nasional Berhad incurred pre-tax losses of RM6.3bil last year, says Parliament's Public Accounts Committee (PAC).

The PAC revealed this following a probe on Khazanah's huge losses in 2018 compared to the RM2.7bil profit the government's sovereign wealth fund made in 2017.