“We are part of the Organisation of the Petroleum Exporting Countries (Opec) after all. I am not suggesting a cartel, but a synergy between these two countries would help immensely in alleviating the problem.”" Opposition leader Anwar Ibrahim, in Malaysiankini, after accusing Putrajaya of supporting Felda Global Ventures share prices using EPF money.
Actually, Malaysia is not a member of Opec and Anwar should know that, being our ex-Finance Minister. His aides might want to ask Malaysiakini to run a correction.
Find out who are the Opec members.
As for EPF holding up FGV share prices as alleged by Anwar, here, well, that's something that FGV might want to respond to. Honestly, if I had FGV shares, I should be happy if they were backed by such a powerful fund as the EPF. In fact, that's part of the charm of the FGV listing: the strong backing of the Government. Go read up the analysts' reviews on the IPO if you don't believe me.