Although PNB had a 25% stake in Guthrie, Guthrie did not consult nor give due respect to its Malaysian shareholder when making major corporate decisions, she says. Former finance minister Tan Sri Tengku Razaleigh Hamzah was also a key personality behind the Dawn Raid. It wasn’t long after securing the purchase when Dr Mahathir was told of the news – “I was elated,” he tells Sunday Star. Dr Mahathir: Acquiring Guthrie was a way to get some of Malaysia's wealth back from our former colonial masters. In retaliation, and barely a month after the Dawn Raid, Dr Mahathir imposed the Buy British Last Campaign.
