Public-funded bodies should avoid 'excesses', not mimic private firms, says Anwar


  • Nation
  • Monday, 12 Aug 2024

KUALA LUMPUR: Datuk Seri Anwar Ibrahim has reminded public-funded organisations not to operate like private entities in the implementation of their programmes and operations.

The Prime Minister said this is to ensure there are no "excesses" that lean towards business interests, board members, or management.

At the same time, the Prime Minister supported recommendations in the Auditor-General's reports for more thorough and careful monitoring, aiming to embed this as a new culture within the work ecosystem to improve governance.

"We must accept that organisations like MRANTI (Malaysian Research Accelerator for Technology and Innovation) under the Science, Technology and Innovation Ministry are founded on public funds.

"Therefore, in ensuring the implementation of programmes, we want to make sure there are no excesses in focus, and these organisations should not be treated the same as private entities, which sometimes prioritise not only business but also the interests of their board members and management,” he said.

He said this when opening the Malaysia Commercialisation Year Summit at the Kuala Lumpur Convention Centre (KLCC) on Monday (Aug 12), which was also attended by Science, Technology and Innovation Minister Chang Lih Kang and his deputy Datuk Mohamad Yusof Apdal.

Anwar added that management should not be bound by fixed procedures and frameworks but should be ready to explore new areas of expertise.

"Our greatness is not just compared to last year or 10 years ago. Our greatness is measured against what has been achieved by other countries, whether neighbouring countries or others,” he said. – Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Perak fire dept identifies 21 water surge hotspots, public urged to be vigilant
Skipper caught trying to smuggle out 34 Indonesians off Sekinchan
Hamzah defends proposed compulsory halal certification in global context
Mahkota Polls: Former Johor FA footballer Mohamad Haizan Jaafar named as Perikatan’s candidate
JB disaster management committee activated for chemical waste clean-up
Asean must unify stance on climate change to achieve global recognition, says Nik Nazmi
Turkmenistan, Central Asian countries keen to engage with Asean, says Wisma Putra
AI capability gap in defence sector affects Malaysia, developing nations, says Mohamed Khaled
Mahkota polls: Father of BN candidate passes away
Bomba honours heroic duo for rescuing motorists after car plunges into ditch

Others Also Read