1MDB needs a new script
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
BESIEGED by relentless attacks over its laundry list of doubtful investment moves, Malaysia's state-backed fund 1Malaysia Development Berhad (1MDB) is full throttle on defensive mode.
That strategy, if it's not already clear, seems to be merely fanning the frenzied and mostly worried attacks.
If 1MDB truly wants to placate critics, it needs to follow some very simple, basic rules which its other state-backed counterparts have learnt to do the hard way.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar