Malaysia is giving away $1.6 billion in free money to its citizens, and rejects claims it is using the funds to influence some voters

Malaysian Prime Minister Datuk Seri Najib Tun RazakISHARA S. KODIKARA/AFP/Getty Images

  • Malaysia’s government is rolling out $ 1.6 billion of cash giveaways this week.
  • The 1Malaysia People’s Aid is supposed to be an aid package to help 7 million residents around the country, but the opposition claimed the purpose was to buy votes.
  • Prime Minister Datuk Seri Najib Razak rejected those claims, saying the original idea came from Malaysia’s central bank.

Malaysia’s government is rolling out RM6.3 billion ($ 1.6 billion) in payments to millions of residents this week.

Seven million people have been pre-selected to receive three rounds of RM1,200 ($ 307) payments this year, starting on February 26, as part of the 1Malaysia People’s Aid (BR1M).

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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