KOTA KINABALU, May 21 -- Sabah Umno has called for a comprehensive overhaul of state government-linked companies (GLCs) following concerns raised by the state Attorney-General over financial "sinkholes."

Sabah Umno chief Datuk Seri Bung Moktar Radin said there is an urgent need to reform the management of state-owned enterprises.

"GLCs should serve as engines of growth for Sabah - not as liabilities to the government and the people. It is high time for a stricter regulatory system to ensure that every business decision made by GLCs genuinely serves public interest and not just a privileged few," he said.

He proposed that the state government, through the Finance Ministry, conduct a comprehensive reassessment of all existing GLCs to eva...