KUALA LUMPUR, Oct 27 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said overseas investments must be scrutinised more closely to prevent similar losses, citing the Battersea Power Station redevelopment project in the United Kingdom.
Business : Battersea Investment Losses Highlight Need For Closer Scrutiny - Anwar
Anwar Ibrahim, Battersea Power Station, GLC, GLIC,
BE Bernama 
Key takeaways
Prime Minister Anwar Ibrahim called for closer scrutiny of overseas investments after losses from the Battersea Power Station project, while highlighting efforts to mitigate losses.
- Anwar cited high initial investment in Battersea as a cause of financial losses.
- Government-linked companies are exploring both local and overseas investments.
- Overseas investments have generally generated strong profits, according to Anwar.
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- Bernama Business : Battersea Investment Losses Highlight Need For Closer Scrutiny - Anwar (this story)
