KUALA LUMPUR, Jan. 16 -- Maju Holdings executive chairman Tan Sri Abu Sahid Mohamed has lambasted the government's decision to keep PLUS Malaysia Bhd's highway concessions, calling it a "stupid" move.

He also accused Khazanah Nasional Berhad managing director, Shahril Ridza Redzuan, of lying about his company's buy-over bid.

News portal Free Malaysia Today (FMT) reported the tycoon, who was one of the hopeful bidders keen in the PLUS takeover, making the scathing attacks against the government and Shahril today, and questioning as to why the decision was not relayed to him, despite his company being invited to make an offer for the buy-over.

"I don't even know why they don't want to sell. They didn't tell me why they don't want to sell...