Financial clout in PM’s hands


It seems like Azmin will be tasked to oversee agencies that are centred on bumiputra shareholding and wealth distribution.

PETALING JAYA: With the restructuring of government agencies presently under way, it is now becoming clearer that Datuk Seri Azmin Ali’s Economic Affairs Ministry will not be controlling the most important government agencies in the country.

Rather, the Prime Minister’s Office (PMO) will continue to retain a lot of direct influence as the three most important agencies – Khazanah Nasional Bhd, Permodalan Nasional Bhd (PNB) and Petroliam Nasional Bhd (Petronas) are likely to be under the PMO’s jurisdiction, according to sources.

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