Malaysia’s Anwar promises ‘full disclosure’ as ‘corporate mafia’ scandal grows
Malaysia’s government will publicly release the findings of a special task force on corporate malfeasance in three months, Prime Minister Anwar Ibrahim said on Tuesday, as his administration seeks to appease public anger over its perceived failure to clamp down on corruption. Anwar is facing a reckoning in the final stretch of his term after his ruling Pakatan Harapan coalition was handed…
Malaysia's Prime Minister Anwar Ibrahim has pledged to release the findings of a special task force on corporate malfeasance within three months to address public outrage over the government's perceived inability to tackle corruption. The task force, comprising representatives from the central bank, police, MACC, Securities Commission and other agencies, will prepare a government report to be presented to the public, according to Anwar who made the announcement in parliament.
The move aims to appease the public after the ruling Pakatan Harapan coalition suffered significant losses in recent state elections, and amid accusations of a "corporate mafia" scandal involving MACC officers allegedly pressuring stake sales and corporate takeovers. Anwar's administration has denied any wrongdoing, pointing to the charges against former political secretary Shamsul Iskandar Mohd Akin for alleged bribery, and the freezing or seizure of assets and fines worth billions of ringgit for corporate crime offenses.
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