Malaysia Insiders @THE UNSPINNERS
Datuk Ibrahim Ali has urged the government to ignore the threat by Tan
Sri William Cheng to move his Lion Group’s steel operations to
Indonesia, stating that the national interest must come before that of
“one or two greedy individuals.”
During the financial crisis, Lion were given much help from the
Government to solve their debt burden. William paid hardly any money,
while Malay businessmen paid almost up to RM1 billion.