{
  "id": 2117868,
  "title": "Anwar orders probe into possible irregularities in Khazanah subsidiary",
  "url": "https://urgent.news/2026/08/20/anwar-orders-probe-into-possible-irregularities-in-khazanah-subsidiary",
  "topic": "world",
  "section": "World",
  "published": "2026-08-20T10:48:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/nation/2026/08/20/anwar-orders-probe-into-possible-irregularities-in-khazanah-subsidiary"
  },
  "original_language": "en",
  "account": "Malaysia's Prime Minister Anwar Ibrahim has directed an investigation into possible financial irregularities within a Khazanah Nasional subsidiary, emphasizing that any breach of governance must be scrutinized, regardless of the chairperson. During a \"Temu Anwar\" session, Anwar disclosed that the matter arose following Khazanah's review of its past operations, which revealed doubts over governance due to the establishment of a company in 2012. The Prime Minister stated, \"I said even though the current chairman is the prime minister, I said if there is any breach of governance, investigate it. We must be firm.\" Khazanah's board subsequently resolved at a meeting held at UEM building to investigate all relevant aspects of the matter to \"clean things up.\"\n\nMeanwhile, Khazanah disclosed in a statement that it had identified \"legacy issues\" concerning Xeraya Capital, a wholly-owned subsidiary established 14 years ago. Xeraya manages Khazanah's Life Sciences investments. In July, the Xeraya board recognized irregularities in past transactions that necessitated further review. Anwar assured that the investigations into alleged wrongdoings highlighted in the Royal Commission of Inquiry (RCI) reports on Tabung Haji and Felda are not politically motivated. He stated that the police and Malaysian Anti-Corruption Commission will determine if an investigation is necessary, and the attorney-general has the authority to prosecute any wrongdoing. Anwar emphasized that the government will not interfere in these investigations or the decisions on prosecution, which are the responsibilities of the enforcement agencies and the attorney-general, respectively.",
  "summary": "The prime minister says the company was established in 2012 and possible financial irregularities came up after Khazanah reviewed its past operations.",
  "key_points": [
    "Prime Minister Anwar Ibrahim orders probe into possible irregularities in Khazanah subsidiary.",
    "Investigation prompted by Khazanah's review of past operations revealing governance doubts.",
    "Xeraya Capital, Khazanah's wholly-owned subsidiary, identified legacy issues in July."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Anwar orders probe into Khazanah subsidiary over governance concerns",
        "url": "https://urgent.news/2026/08/20/anwar-orders-probe-into-khazanah-subsidiary-over-governance-concerns",
        "published": "2026-08-20T10:20:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}