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Anwar: Why did govt-linked banks lend billions to gambling firm?

This article is 2 years old

PKR president Anwar Ibrahim has urged the government to explain why three government-linked banks provided RM2.51 billion in unsecured loans to Genting Hong Kong Ltd.

"Although the company is incorporated in Hong Kong, the owners are Malaysians who should have at least provided a personal guarantee or put up collateral," said Anwar in a statement today.

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