Once critical of bailout, Anwar throws Sapura Energy RM1.1b lifeline

Three years ago, in a debate with then prime minister Najib Abdul Razak, Anwar Ibrahim was critical of a proposal for the government to bailout debt-addled Sapura Energy Bhd.

The then opposition leader had argued that any talk of a bailout can only be done after a forensic audit on Sapura to determine if the company – which Permodalan Nasional Berhad (PNB) had heavily invested in – had been mismanaged.

Now, as the prime minister and finance minister, Anwar has…