Mokhzani denies getting ‘billions of Petronas contracts’ when Dr M was PM


(MMO) – “That is fake news. SapuraKencana was only set up in 2012. My father was no longer the PM then”

Tycoon Tan Sri Mokhzani Mahathir has denied bagging oil contracts worth billions of ringgit when his father Tun Dr Mahathir Mohamad was in power.

The co-founder of Sapura Energy Bhd, formerly known as SapuraKencana Petroleum Bhd, dismissed the allegation as “fake news”, The Edge reported on its website today.

“That is fake news. SapuraKencana was only set up in 2012. My father was no longer the PM then,” he was quoted as saying during his campaign trail for the Pakatan Harapan (PH) pact in Kedah.

The second son of Dr Mahathir clarified that his father was an adviser to Petronas when SapuraKencana was formed, but pointed out the national oil company has to answer to a board of directors.

“I was not the major shareholder of then SapuraKencana. You are saying the contracts were given when there is a board chairman that reports to you, and you did not know? I don’t understand,” Mokhzani was quoted as adding.

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