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Moody’s ratings not necessarily accurate, says Mahathir

Published on 24 Jun 2019 3:11:18 PM

The decision by Moody’s Investors Service to downgrade Petroliam Nasional Bhd’s (Petronas) domestic issuer and foreign currency senior unsecured rating to A2 from A1 is not necessarily accurate, said Prime Minister Tun Dr Mahathir Mohamad.