Anwar says company losses are not a crime — fraud, abuse and ‘sakau’ are another matter

Speaking after addressing issues including the scrutiny of Lembaga Tabung Haji (TH), Anwar said companies could go through periods of losses as well as profits, and that losses alone should not be grounds for punishment.

“We don’t ‘ hukum ’ (punish) people because a company makes losses. We ‘ hukum ’ because there is fraud, there is abuse of power, there is ‘ sakau ’ (stealing), not because of losses,” he said during a question-and-answer session with Universiti Teknologi MARA (UiTM) alumni and students at UiTM’s Dewan Agung Tuanku Canselor here.

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