Anwar: GLC heads who betray bumi agenda to face action

Building equity: Anwar (left) with PHB chairman Tan Sri Ahmad Nizam Salleh (2nd from right) and PHB Group Managing Director and CEO Mohamad Damshal Awang Damit at the launching of additional AHB units at Bangsar, Kuala Lumpur. — AZHAR MAHFOF/The Star

KUALA LUMPUR: Those who run government-linked companies (GLCs) will be held fully accountable if they “betray” the bumiputra agenda, says Datuk Seri Anwar Ibrahim.

The Prime Minister issued the stern warning after acknowledging that incompetence and poor governance had resulted in the government forking out billions to save bumiputra holdings from losses.