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Malaysian govt gave Kuok key to become sugar king, Najib says

By: straitstimes.com 4 months ago
Malaysian govt gave Kuok key to become sugar king, Najib says

February 26, 2018 5:00 AMKUALA LUMPUR • Malaysia's richest man, Mr Robert Kuok, has been in the political spotlight in the last few days after Prime Minister Najib Razak said his business boomed because of government help.

News Malaysian govt gave Kuok key to become sugar king, Najib says

About Malaysian govt gave Kuok key to become sugar king, Najib says

Online Malaysian govt gave Kuok key to become sugar king, Najib says
How Malaysian govt gave Kuok key to become sugar king, Najib says

KUALA LUMPUR • Malaysia's richest man, Mr Robert Kuok, has been in the political spotlight in the last few days after Prime Minister Najib Razak said his business boomed because of government help.

The 94-year-old businessman, who lives in Hong Kong, was dubbed Malaysia's "sugar king" for many years as he had a government concession to trade sugar in the country. He also traded rice and flour, and his empire includes hotel chain Shangri-La, Kerry Properties and commodities trader Wilmar.

Mr Kuok released a memoir late last year, in which he implicitly criticised Malaysia's affirmative action policy to help Malays and other bumiputera races in education and business.

Speaking last Saturday, Datuk Seri Najib said some of Malaysia's richest people owe their success to opportunities created through policies implemented by the government, which is led by the 13-party Barisan Nasional (BN) coalition.

"If we look at the list of names of the richest people in Malaysia, such as Robert Kuok, who gave him the key to become the rice and sugar king? It was given to him by the ruling government," said the Prime Minister at an event in Serdang, Selangor.

"Yes, he is driven, hard-working, industrious and disciplined - but that is not enough. Everyone still needs the key and they are hopeful that government policies are key to creating these opportunities," The Star newspaper quoted him as saying.

Last Thursday, senior Umno leader Tajuddin Abdul Rahman told Mr Kuok not to forget his roots and how he emerged as Malaysia's richest man. The politician was hitting back at allegations by a pro-Umno blogger that Mr Kuok had given money to the opposition Democratic Action Party (DAP).

'SWEETENER'

If we look at the list of names of the richest people in Malaysia, such as Robert Kuok, who gave him the key to become the rice and sugar king? It was given to him by the ruling government.

PRIME MINISTER NAJIB RAZAK, referring to Malaysia's richest man Robert Kuok, often called the "sugar king".

"This is the problem when someone is rich, he forgets his roots... He became rich from the BN government's policies, not the DAP's," Datuk Seri Tajuddin said, as quoted by Umno-owned newspaper Utusan Malaysia.

Blogger Raja Petra Kamaruddin had alleged that Mr Kuok purportedly has an agenda to topple the BN government to allow the Chinese-led DAP to rise, an especially sensitive topic with the general election expected in the first half of this year.

DAP leader Lim Kit Siang yesterday denied that he had received funds for the party from a nephew of Mr Kuok. "The latest 'fake news' is that I have received astronomical donations from tycoon Robert Kuok through his nephew James Kuok," Mr Lim said, as quoted by Malaysiakini news site.

Mr James Kuok denied channelling money to the DAP, either from his uncle or using his own funds, Malaysiakini reported.

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