Kwan – It's not about the use, but the authorisation for the use of it
Copy URL One must not lose sight that Kwan – Kumpulan Wang Amanah Negara – is a public trust fund. This means that it is established for public purposes by the government by way of legislation which creates the trust, sets out its legal terms, and assigns rights and duties to different persons or no parties. Section 6 of the National Trust Fund Act (Act 339) sets out the purposes for which moneys standing to the credit of the fund can be applied or used before the recent amendment vide t...
Ali Imran Kumpulan Wang Amanah Negara It Is Parliament Development Funds Emergency National Trust Fund Amendment Ordinance Development Fund
Source: themalaysianinsight.com