Profitable GLC sold to Umno crony

PETALING JAYA: A government-linked company (GLC) yielding millions of ringgit in annual distinction is being sole via sealed tender to a organisation owned by Umno crony Syed Mokhtar Albukhary, Rafizi Ramli pronounced today.The PKR strategy chief pronounced that Composites Technology Research Malaysia (CTRM), a forerunner in composites and aerospace industry, had contracts value RM8.26 billion for over a subsequent five years.According to CTRMs 2011 income statement, made accessible to a media, a organisation had yielded pr ... Read More

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