a day ago
Likely Sabah has highest number of GLCs in Malaysia
Published on: Sunday, June 29, 2025
Published on: Sun, Jun 29, 2025 Text Size: DATUK John Lo's assertion that Government-Linked Companies (GLCs) are bleeding state coffers is undeniably accurate. Shockingly, successive Sabah governments have been losing at least RM100 million monthly just to sustain second grade politicians. Sabah likely has the highest number of GLCs compared to other states in Malaysia. These companies often maintain bloated boards with 10 to 12 directors and each receiving monthly allowances ranging from RM6,000 to RM24,000. This exorbitant structure drains at least RM100 million in Sabah public funds – a staggering and unsustainable burden. Just last week the Sabah Government added yet another GLC – the 'Blue Economy Council' as reported by your papoer on June 17, 2025. More critically, these GLCs undermine existing state departments, such as the Fisheries Department, which already operate under well-defined legal frameworks and possess specialised expertise in their respective fields. While it is understandable that the state must ensure its leaders are adequately supported, as Lo rightly emphasised: 'Enough is enough'. The unchecked expansion of GLCs and their excessive financial demands must be reined in before they further cripple Sabah's finances. Awang Jambul The views expressed here are the views of the writer and do not necessarily reflect those of the Daily Express. If you have something to share, write to us at: [email protected]
