Are ‘durians’ getting more costly, asks Najib after RM16bil bonds in 13 days

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Are ‘durians’ getting more costly, asks Najib after RM16bil bonds in 13 days

The Perikatan Nasional (PN)-led government has borrowed RM16 billion over the last 13 working days, says former prime minister Najib Razak and he wants to know why.

In a Facebook post today, he included screenshots of details from Bank Negara Malaysia’s website showing billions of ringgit in bonds issued by the government with BNM as the facility agent.

Najib pointed out that the government borrowed RM4.5 billion today, after it borrowed RM2 billion on Aug 9, RM4 billion on Aug 3 and RM5.5 billion on July 27.

“The more legitimacy they lose, the faster they borrow money,” he said.

“Is this because the ‘scheme of things 2.0’ and the price of durians are getting more expensive?,” he asked in reference to speculation that the government was attempting to buy political support before a parliamentary motion of confidence in September.

“It’s not like they are the ones repaying it anyway.”

Some MPs have said they have been offered ‘Durian 30’ – believed to be a code for large sums of money and position – to defect.

Najib had previously also questioned the RM160 billion in government borrowings since the start of 2021, stating that the rakyat has little to show for it.
FMT

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Are ‘durians’ getting more costly, asks Najib after RM16bil bonds in 13 days


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