Sabah International Petroleum’s operations to continue, says Masidi

By Stephanie Lee

Datuk Seri Masidi Manjun. -filepic

KOTA KINABALU: Sabah has no plans to terminate the previously debt-ridden Sabah International Petroleum (SIP) as its RM1.2bil unpaid loans have been settled and can operate on its own, said state Finance Minister Datuk Seri Masidi Manjun.

He said the RM1.2bil debt incurred due to unpaid loans, not financial leakages.

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Sabah , no plans , terminate , Sabah International Petroleum , unpaid loans , settled , state Finance Minister , Masidi Manjun

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