AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

imageKUALA LUMPUR: Malaysian Prime Minister Najib Razak on Friday sacked his former deputy from the ruling party and said he needed more time to think about a cabinet reshuffle.

Former deputy prime minister Muhyiddin Yassin was sacked from the United Malay National Organisation (UMNO), along with Mukhriz Mahathir, the son of former prime minister Mahathir Mohamad. Both have been tough critics of Najib, calling for his resignation following allegations of graft and mismanagement at scandal-hit state fund 1Malaysia Development Berhad.

Najib, who chaired the advisory board of 1MDB, has faced intense pressure following revelations that up to $1 billion had been deposited into his personal account.

Najib has denied any wrongdoing. He also said he needed more time to think about a cabinet reshuffle. He announced his plan to rejig the lineup after the ruling coalition won the Sarawak state elections by an increased majority last month.

"I need more time to think about it," he told reporters.

The last cabinet reshuffle was last July, when Najib culled leaders critical of his handling of 1MDB. Malaysia's ruling coalition, Barisan Nasional, coasted to victory in two by-elections earlier this month, defying a political movement led by Mahathir who has sought to turn voters against Najib.

The wins, along with a landslide win in the Borneo state of Sarawak last month, prompted some political experts to believe Najib may call snap polls.

Najib dismissed these rumours. "(National) polls are not governed by by-elections. National polls are governed by various other factors," he said.

Copyright Reuters, 2016

Comments

Comments are closed.