Syed Saddiq Syed Abdul Rahman said the recent departure of Jalil Rasheed from Permodalan Nasional Bhd (PNB) showed that the new government did not value talented young Malaysians but instead favoured politicians to helm Government-Linked Companies (GLCs).

Syed Saddiq, who was former youth and sports minister, was commenting on the resignation of Jalil as president and CEO of PNB, the country’s largest fund management company.

“The strategy and view of the government today is seen as prioritising politicians to helm GLCs over young individuals who are...