Khazanah Nasional Bhd had never suffered losses in almost the decade he served as prime minister and chairperson of the sovereign wealth fund, said Najib Abdul Razak.
Taking to Facebook, Najib said the value of Khazanah's assets had consistently gone up and never depreciated during his stint.
He was responding to a report earlier today that Khazanah suffered a loss before tax of RM6.27 billion last year, down from a profit before tax of RM2.89 billion in 2017.
The fund's realisable asset value also fell to RM136 billion (US$33.37 billion) in 2018 from RM157 billion the previous year, reported Reuters.
"In the 10 years I was PM and chairperson of the company, Khazanah had never suffered a loss and its assets value had never depreciated. In fact, it went up every year when I was PM.
"In that 10 years, Khazanah's net asset value went up RM82.3 billion (244 percent) from RM33.7 billion at the end of 2008 to RM116 billion at end 2017.
"After Pakatan Harapan took over, Khazanah's value has drastically fallen RM25 billion, to become RM91 billion," he said.
The figure, the Pekan MP pointed out, was big enough to almost fully settle 1MDB debts, or half of the RM55 billion cost of the East Coast Rail Link (ECRL) project.
"It's okay, the RM91 billion which is still left, is a huge sum. There are plenty of the country's assets which can still be sold," he said.
Najib also lamented Khazanah's proposed sale of the Legoland Resort which he officially opened together with the Johor sultan in 2012 to attract more tourists.
It was the first Legoland Resort in Asia then.
Khazanah managing director Sharil Ridza Ridzuan was today quoted saying that there have been no offers for the purchase of the theme park which was valued at about RM1 billion.
Legoland Resort, which was billed the first international theme park to be built at the Iskandar Malaysia special business zone, is owned by Khazanah subsidiary Themed Attractions Resorts & Hotels Sdn Bhd (TAHR), formed in 2000.
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