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Sarawak Energy’s RM30b loan stumps DAP
Joseph Tawie | July 18, 2012 Who approved RM30 billion loan for Sarawak Energy Bhd which recorded an annual after tax profit of only RM330 million? KUCHING: How did Sarawak Energy Bhd (SEB) manage to secure a RM30 billion loan when its annual after tax profits amounted to only RM330 million? Is it because SEB or Sarawak Electricity Supply Corporation (Sesco) is a state government- owned company? Read more at: http://www.freemalaysiatoday.com/category/nation/2012/07/18/sarawak-energys-rm30b-loan-stumps-dap/
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