Cronyism threatens Malaysia’s economic recovery, Muhyiddin warned - ShareIsValue
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Monday, August 17, 2020

Cronyism threatens Malaysia’s economic recovery, Muhyiddin warned

A slew of political appointments to top jobs in government-linked companies could compromise Malaysia’s recovery from the economic ravages of the coronavirus, analysts warn.In recent weeks, 15 politicians have been appointed to government-linked companies – or GLCs – under the Finance Ministry, while a further two have been appointed to statutory bodies under the same ministry.Fears for economy as Muhyiddin’s political patronage raises a Najib-era ghostCritics say the appointments are aimed at…

from South China Morning Post https://www.scmp.com/week-asia/politics/article/3097460/cronyism-threatens-malaysias-economic-recovery-muhyiddin-warned

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