MP claims 'Khazanah letter' to PM details consequences of Subang airport sale

A letter purportedly from Khazanah Nasional Bhd to Prime Minister Muhyiddin Yassin details severe consequences if the Sultan Abdul Aziz Shah Airport (Subang airport) is sold to WCT Holdings Bhd, claimed Muar MP Syed Saddiq Syed Abdul Rahman.

Among others, Syed Saddiq claimed the letter dated May 11 this year, stated that privatising the airport would “kill” plans to restructure the Malaysian Aviation Group (MAG) - which oversees Malaysian Airlines Bhd (MAB)

“Why did they say this? Because Khazanah has spent RM28 billion on top of an additional injection of RM3 billion to restructure Malaysian Airlines, so that it stays relevant and functioning.

"This amount was already spent to save MAG which oversees MAB, and the WCT acquisition (of the Subang airport) will potentially...