PKR today pointed to government records which show that Malaysia had indeed taken loans from the World Bank in 1999 to weather the impact of the financial crisis.
Referring to the appendixes of the 2010 Budget, PKR chief of strategy Rafizi Ramli said that this clearly shows former Prime Minister Dr Mahathir Mohamad had lied and is continuing to lie by denying his government had ever obtained loans from the World Bank.
"He can question the veracity of the World Bank documents (we produced) and I have written to the World Bank to verify the authenticity of the documents uploaded on its website.
“But (Mahathir) cannot deny official financial documents produced by the Malaysian government," he said.
According to the 2010 Budget presented by Prime Minister Najib Abdul Razak on Oct 23, 2009 in Parliament, the government had obtained a social sector loan from the global institution in 1999.
"The interest rate noted is 7.4 percent in 2008 and as of Dec 31, 2008, Malaysia still owes RM701,040.14 of the RM60 million borrowed in 1999," he said.
[More to follow]
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