KOTA KINABALU: Sabah’s government-linked companies (GLCs) must undergo bold and comprehensive reforms to serve the people and the state’s long-term interests, says UPKO Treasurer-General Dennison R. Indang.
He stressed that GLCs should drive economic growth, create jobs, empower local entrepreneurs, and contribute to state revenue.
However, he said, many GLCs have failed in their purpose due to political interference and poor governance, becoming financial burdens instead.
window.googletag = window.googletag || {cmd: []};googletag.cmd.push(function() {googletag.defineSlot('/22826383987/dailyexpress_inline', [1, 1], 'gpt-passback').addService(googletag.pubads());googletag.enableServices();googletag.display('gpt-passback');});Dennison called for a merit-based, professional approach in board appointments and transparent investment evaluations. Underperforming GLCs, he said, should be restructured or dissolved.
He welcomed the formation of the Sabah GLC Monitoring Committee, viewing it as a vital step toward improving integrity, transparency, and accountability.
Reform, he added, is not optional but essential for Sabah’s economic strength and public trust.