2 days ago
- Business
- Malaysian Reserve
PM Anwar: Govt mulls awarding projects to Koperasi PDRM to boost members returns
THE government is reviewing the best approach to assist Koperasi Polis Diraja Malaysia (PDRM) Berhad through the awarding of suitable projects, rather than the channelling of additional funds, to help increase returns for members, said Datuk Seri Anwar Ibrahim.
The Prime Minister said the move would ensure that projects are implemented more quickly and efficiently, while benefiting nearly 100,000 members.
'When a project is approved and awarded by the government, the benefits reach 100,000 people. It makes more sense than providing a direct financial grant.
'… it's better to channel support through projects — better execution, reasonable costs, faster completion and greater efficiency,' he said when opening the 90th Annual Delegates' General Meeting of Koperasi PDRM Berhad here today.
At the same time, Anwar, who is also the Finance Minister, called on the cooperative's management to submit a performance report to him and Home Minister Datuk Seri Saifuddin Nasution Ismail to identify potential areas for collaboration.
'I will look into how we can cooperate with the Ministry of Finance, and I will instruct the Second Finance Minister and the Treasury secretary-general to explore other avenues we can pursue to ensure that the profits gained by Koperasi PDRM benefit its members,' he said.
Also present were Saifuddin Nasution and Inspector-General of Police Tan Sri Razarudin Husain, who is also Koperasi PDRM Berhad president.
Anwar also said the government would explore all possible avenues to ease the cooperative's management burden, including offering a reasonable reduction on the debt for Kolej UNIKOP in Cyberjaya, which is owned by Koperasi PDRM Berhad.
'I don't think we should write off the entire debt, but given the current good performance of the police force and sound management, I believe a reasonable reduction is appropriate,' he said.
Earlier, in his speech, Razarudin had appealed to the government to consider reducing the rent and writing off the 2024 debt for the Kolej UNIKOP premises owed to Cyberview Sdn Bhd.
Razarudin said approval of the request would further support efforts to upgrade the college into a premier police and security university in the Southeast Asian region.
The Prime Minister said Koperasi PDRM Berhad, which represents hundreds of thousands of members, has recently recorded a strong performance, allowing it to provide better returns to its members.
'When the management is good and the governance is sound, the outcomes for its members will naturally improve. This performance has placed Koperasi PDRM among the top cooperatives in the country,' he said.
Anwar also stressed that in efforts to safeguard the welfare of the people, particularly members of the police force, input from the Home Minister, the Inspector-General of Police and the Home Ministry secretary-general is essential.
'We can no longer rely on outdated methods and conditions. The country has recorded impressive achievements, a five per cent growth rate, and, as I announced yesterday, a 3.1 per cent increase in investments in the first quarter of this year, despite the global economic slowdown.
'But the ultimate measure is the people's comfort — their homes, hospitals, schools and cost of living. These are the issues the MADANI Government is addressing,' he said. — BERNAMA
