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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Market

1MDB has affected perception of Malaysia

Posted on 19 October 2016

While the government-owned media and supporters of the incumbent administration have downplayed the numerous problems at 1Malaysia Development Bhd (1MDB) and said they have not adversely impacted the country, the results of the biennial Corporate Governance (CG) Watch 2016 paint a different picture.
Malaysia would have done “much better” had there been no 1MDB, Asian Corporate Governance Association (ACGA) secretary-general Jamie Allen tells The Edge Financial Daily in a phone interview…………………………………….Full Article: Source


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