Finance Ministry cancels RM50mil allocation for Kojadi

Published on 2 Dec 2018 2:56:50 PM

MCA president Datuk Seri Dr Wee Ka Siong said on Sunday that the Finance Ministry has canceled the RM50mil allocation funds to Koperasi Jayadiri Malaysia Bhd (Kojadi), as promised in Budget 2018. The funds were supposed to assist Chinese small and medium enterprises (SMEs). The announcement came as the MCA leaders are in an open spat with Finance Minister Lim Guan Eng over the allocation of operating funds for Tunku Abdul Rahman University College (TAR UC).