Prime Minister Anwar Ibrahim said he had ordered an audit of Sapura Energy and a change of management before approving a ...
PUTRAJAYA: The RM1.1bil injection into the debt-laden Sapura Energy Bhd should be repaid as it was provided in the form of ...
PUTRAJAYA: Due diligence and conditions including a complete restructuring of Sapura Energy Bhd's top management were ...
Three years ago, in a debate with former prime minister Najib Abdul Razak, Anwar Ibrahim was critical of a proposal for the ...
The PM was previously strongly against bailing out Sapura Energy, once one of the world's top oil and gas firms. Read more at ...
RM1.1bil investment into Sapura Energy Bhd is not a government bailout but a strategic investment towards sustainability, ...
The investigation is linked to claims made in 2018 when the company was known as Sapura Kencana Petroleum Berhad.
He argued that any discussion about a rescue package could only take place after a forensic audit of Sapura Energy was conducted to determine whether the company – which received a lot of investment ...