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Revoking AP Rent-Seeking

Tan Sri Mohd Sheriff bin Mohd Kassim, Founding Member, G25

04-Feb-20 07:45

Revoking AP Rent-Seeking

Prime Minister Tun Dr Mahathir Mohammad is planning to revoke contracts, approved permits (APs) and licences re-sold to third parties. APs cover a wide range of goods, not just cars. G25 member and former Secretary-General at the Ministry of Finance, Tan Sri Sheriff Kassim, thinks all APs should be reviewed as they are misused and is a form of tariff, which have increases the cost of imports.

Produced by: Sim Wie Boon

Presented by: Lyn Mak, Wong Shou Ning, Noelle Lim


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Categories:  Investments

Tags:  approved permitsgovernment contractMalaysiaTun Dr Mahathirlicencestariffsimports





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