PUTRAJAYA: The government will revoke opportunities such as contracts, approved permits (APs) and licences sold to third parties to ensure that such facilities are not abused, Prime Minister Tun Dr Mahathir Mohamad said today.
He noted that under the New Economic Policy introduced in 1970, plenty of opportunities were created for lower-income people to leverage the nation’s wealth. However, some of them had used it as a way to make easy profit.
He said these were among issues that prevented the success of the country’s policies.
“When they were given contracts and such, they sold it. Those who received AP or other assistance from the government, they sold it to other parties to gain profits quickly.
“Eventually, when the money they received has gone, they remain poor just like before,” he said at a Prime Minister and Strategic Partners of the Rural Development Ministry gathering here. – Jan 30, 2020, Bernama
