PM admits to lapses in 1MDB governance


Noel Achariam

Prime Minister Najib Razak says the rationalisation of 1Malaysia Development Berhad is going well, with many assets formerly owned by the company now thriving. – The Malaysian Insight pic by Najjua Zulkefli, July 25, 2017.

PRIME Minister Najib Razak today admitted there were clear lapses in corporate governance in state investor 1Malaysia Development Bhd (1MDB), but said he would not pour more money, unlike a predecessor.

In a clear reference to mentor-turned-nemesis Dr Mahathir Mohamad, he said he had ordered “unprecedented” investigations into the 1MDB scandal.


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Comments


  • After grabbing the 681 american pie, he said lapse in his governance? Really thick skinned greedy thief.

    Posted 4 years ago by Butter Scotch

  • This PN is in a severe denial syndrome

    Posted 4 years ago by Tong C.K. HO