Former Prime Minister Datuk Seri Najib Razak demanded that Federal Territories Minister Khalid Samad to reveal identities of those behind the planned Harapan Coin cryptocurrency scheme. - NSTP/MOHD FADLI HAMZAH

KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak wants Federal Territories Minister Khalid Samad to come clean on who stands to benefit from the planned Harapan Coin cryptocurrency scheme.

Najib, via a Facebook posting, also demanded Khalid reveal the identities of those behind the scheme.

“I ask again, what is the agenda of this Harapan Coin, and who actually stands to benefit from it?

“I want Khalid Samad to reveal the identities of those behind this project. Name them, one by one.

“Do not try to take advantage of the people; I will fight,” he said.

In the same posting, Najib also quoted an article which quoted Khalid as saying that the returns would be divided between the developers (30 per cent); Parti Amanah Negara (30 per cent) and Pakatan Harapan (40 per cent).

Previously, Khalid was reported as saying that he would propose the Harapan Coin scheme, which he said employs blockchain technology, to Bank Negara Malaysia and Prime Minister Tun Dr Mahathir Mohamad.

Najib had on Tuesday taken a swipe at Khalid and said the ideas proposed by PH leaders of late were “extremely creative”.

Najib said the controversy over the FundMyHome scheme had yet to die down before Malaysians are now faced with the Harapan Coin idea.

“I went through the website and it states that it (Harapan Coin) “has the potential to become the official currency if PH wins the election.”

“The explanation was full of rhetoric and unfounded justification.

“The more I read, the stranger it became. It was all the more odd when I realised that this was linked to YB Khalid Samad,” said Najib.

He also questioned why Khalid appeared to be going all out to champion the cryptocurrency project.

“Does Bank Negara agree with the Harapan Coin and to recognise is as the official currency?

“Who will actually profit from a scheme of this nature? I am concerned over Khalid’s statement that the Harapan Coin will be used in government transactions such as paying for licences, summonses and the like.

“What is this YB’s agenda?” he asked.