NAJIB's VERSION ON 2% LTAT DIVIDEND
NEWS ON LTAT's 2% DIVIDEND AND WHAT THE FORMER PREMIER HAS GOT TO SAY Najib Razak says the current Malaysian government embarrassed to reveal main reasons behind LTAT's 2 per cent dividend Mohd Najib Abdul Razak, Malaysian former prime minister MALAYSIAN former prime minister Mohd Najib Abdul Razak denied that the two per cent dividend announced today, Monday 30 September 2019, by Armed Forces Fund Board (LTAT) for 2018 was due to legacy issues from his administration. Instead, he said, the Pakatan Harapan (PH) government is "embarrassed" to reveal the main reasons behind the significant decline in LTAT's income for the fiscal year of 2018. "As usual, many excuses are given, including attempts to blame the previous BN government. "But what they do not mention is that most of LTAT's big investments recorded a loss due to the declining economy after the 14th general election (GE14), and also the country's stock market whic...