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Top banker Nazir Razak denies plans to set up political party

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Mr Nazir, brother of Malaysian prime minister Najib Razak, has made unusually candid remarks on his growing concern about the socio-political environment and its impact on the economy.

Singapore

MALAYSIA's top banker Nazir Razak has countered a buzz of excitement fanned by a recent online report that he was setting up and backing a new "non-partisan political party" in the country.

"This is not true," he said in a statment, after several Malaysian news outlets...

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