The procurement of Boeing jets and the expression of Employee Provident Fund's (EPF) investment in US equity has nothing to do with "strengthening" the US economy, said treasurer-general Mohd Irwan Serigar Abdullah
"The allegation and idea that certain quarters claimed otherwise that we want to help US' economy is baseless," he told the reporter when met at the Finance Ministry today.
He said EPF's job was to invest and generate returns to depositors, and that equity investments was the fund's business.
As for Malaysia Airlines, Irwan said the airline had to buy new planes to expand their business.
On Tuesday, Prime Minister Najib Abdul Razak told US President Donald Trump at the White House that Malaysia had several propositions to the US.
"Number one, we want to help you in terms of strengthening the US economy," said Najib.
"The allegation and idea that certain quarters claimed otherwise that we want to help US' economy is baseless," he told the reporter when met at the Finance Ministry today.
He said EPF's job was to invest and generate returns to depositors, and that equity investments was the fund's business.
As for Malaysia Airlines, Irwan said the airline had to buy new planes to expand their business.
On Tuesday, Prime Minister Najib Abdul Razak told US President Donald Trump at the White House that Malaysia had several propositions to the US.
"Number one, we want to help you in terms of strengthening the US economy," said Najib.
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