MAHB: Why sell 30 per cent of shares to Israel’s supporters? - Tun M
"I don't understand. Perhaps there is more than meets the eye?"
SHAH ALAM - Former Prime Minister Tun Dr Mahathir Mohamad criticised Malaysia Airports Holdings Berhad's (MAHB) decision to sell 30 per cent of their shares to a firm allegedly linked to Israel.
He said that in 2023, MAHB achieved a very high profit of RM543 million.
"When I heard that MAHB was going to sell its shares, I assumed MAHB was incurring losses. Why sell 30 per cent to an American company that supports Israel?
"Now I find out that MAHB made a profit of RM543 million for the year 2023. Not many companies can achieve such profits," he said in a statement on Facebook on Thursday.
Previously, Investment, Trade and Industry Minister (MITI) Tengku Datuk Seri Zafrul Tengku Abdul Aziz, defended the government's decision to allow BlackRock, a firm allegedly linked to Israel, to hold a stake in MAHB.
He also emphasised that BlackRock is a publicly listed company and is not owned by Israeli citizens.
Commenting further, Dr Mahathir claimed that the decision made by MAHB's management might have its own hidden agenda.
"I don't understand. Perhaps there is more than meets the eye?" he added.