Negeri Sembilan MB Mohamad Hasan says the state is not bankrupt and instead they have a surplus.
He was refuting allegation by some quarters that under his leadership that state was bankrupt.
‚ÄúThere are people who spread rumours that the state government is bankrupt. Where did they get this information? They accuse that state government of being unable to pay the salaries of the state government staff.
‚ÄúIn 2009 we achieved a surplus of RM62 million and in 2010, RM74 million. Last year (2011) we recorded RM69 million in surpluses.
‚ÄúThat means for three consecutive years, the state government achieved surpluses. The state reserve cash at the moment is almost RM400 million.
‚ÄúI urge the people of Negeri Sembilan not to believe this kind of rumours,‚ÄĚ, he said.
‚ÄúNegeri Sembilan is a small state and there is not much revenue as the scale of development is also small. Negeri Sembilan comprises mostly agricultural areas, Felda settlements and villages.
‚ÄúEven though the state is small but up to June 30 this year, we have given out RM6.5 million aid to 26, 122 deserving people,‚ÄĚ he added.