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1MDB needs a new script

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Anita Gabriel

Anita Gabriel

Published Sun, Jan 18, 2015 · 09:50 PM

    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.

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