Nazir Abdul Razak, brother of Prime Minister Najib Abdul Razak, today denied that he was planning to set up a new political party.
"I refer to recent news reports that I am setting up a new political party.
"This is not true," he said in a statement today.
Instead, Nazir, who is CIMB chairperson, said he had been discussing about the setting up of a NGO to advocate moderation.
Nazir said he had been "growing increasingly concerned" about the socio-political environment as well as its impact on the economy.
[More to follow]
"I refer to recent news reports that I am setting up a new political party.
"This is not true," he said in a statement today.
Instead, Nazir, who is CIMB chairperson, said he had been discussing about the setting up of a NGO to advocate moderation.
Nazir said he had been "growing increasingly concerned" about the socio-political environment as well as its impact on the economy.
[More to follow]
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