IRB investment bill pushed back to October by government

The government has pushed back the debate on amendments to the Inland Revenue Board (IRB) of Malaysia Act in Parliament by at least three months following week-long pressure from PKR leaders who have expressed concerns about the amendment.

The government had tabled an amendment to set up an IRB investment panel, which raised concerns about the transparency of a proposed investment process using taxpayers' money.

Deputy Finance Minister Ahmad Maslan tabled a motion to push the bill's debate to the next sitting.