PAS: Bank Muamalat-Bank Islam merger a bailout

2015-08-21 13

The proposed merger between Bank Muamalat and Bank Islam Malaysia Bhd (BIMB) has raised eyebrows in PAS, which sees this as another bailout in the making, and again using public funds.

"What is the benefit to BIMB to buy or merge with Bank Muamalat?" asked the Islamic party's vice-president Salahuddin Ayub.

Full story: http://malaysiakini.com/news/164527

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