Published: Saturday October 13, 2012 MYT 7:17:00 PM
Nazri: Proposal for a new law on influx of foreign funds should be considered
KUALA KANGSAR: The proposal to have a new law to prevent foreign intervention in the country through the influx of foreign funds should be given fair consideration.
Minister in the Prime Minister's Department Datuk Seri Mohamed Nazri Abdul Aziz said Saturday that the proposal should be studied so that there existed an Act that would prevent such an intervention which aimed at threatening national security, as well as peace and harmony in the country.
"The influx of foreign funds for such purposes will cause us to become agents of foreign powers and we will be forced to create lies to destabilise the country. That is very bad.
“We have to make sure things like this will not happen in our country."
Nazri said this in response to the proposal made by several members of Parliament that it was high time for Malaysia to have a law to regulate the influx of foreign funds, in particular to non-governmental organizations (NGOs), that was aimed at destabilising the country. Mohamed Nazri, who is also Padang Rengas MP, said the proposal should be scrutinised by making comparisons with similar Acts in other countries. - Bernama