PUTRAJAYA: The dust has not settled just yet, as far as the “red files” issue is concerned. Finance Minister Lim Guan Eng has hinted at certain “red files” which will open a floodgate of scandals following a probe at the ministry. “If you talk about scandals running into billions, the nasty ones, I think that is about it. Asked whether some files could have been destroyed before the change of government, Lim said: “You can destroy documents but we can re-construct them. “In economic terms, a doubtful debt is seen as a bad debt, that should be written out.
Source: The Star June 10, 2018 00:00 UTC