After performing Friday prayers at a mosque in Selangor on Sept 20, Prime Minister Datuk Seri Anwar Ibrahim told reporters that the aggressive move by the US Federal Reserve which lowered interest rates by half a point had paved the way for the strengthening of the ringgit.
Anwar also denied that the police had closed the investigation into a case related to an e-hailing driver with disabilities who was allegedly beaten by a dignitary’s escort.
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Anwar also denied that the police had closed the investigation into a case related to an e-hailing driver with disabilities who was allegedly beaten by a dignitary’s escort.
Read more at https://shorturl.at/vxPZj
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00Dato' Sri, Federal Reserve has cut 50 points, which is quite drastic, does it have an impact on the Malaysian economy?
00:12That's their decision, but we know that sometimes the FED's decision has an impact, but as long as they cut it, it gives a way to strengthen the ringgit that has been running, alhamdulillah, it's better.
00:29Even though sometimes our friends over there can't see it, if the ringgit is weak, it will hit us directly, when it gets stronger, we say alhamdulillah, so that's enough.
00:45Dato' Sri, what is the FED's decision regarding the driver who was hit?
00:50It's up to us, but let's not take the law, let the investigation process, if there is a problem, the police must be satisfied, the state police must be satisfied, and take action.
01:03I don't agree with one thing, the principle of this country is a country of law, it's true, but don't judge based on wind or perception.
01:14There is clear evidence, who closed this case? Yes, sometimes the process takes time, but this is a matter of concern, I personally know about this, whether there is a case involving the FED or not.
01:34But I want to remind here that sometimes we judge before the investigation, or before we know the decision of the investigation, it must be referred to the state prosecutor, who finally decides whether to sue or not, based on facts, it must be the state prosecutor, okay?
02:04For more information, visit www.fema.gov