Malaysia investment conference to open under shadow of PAC report
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Kuala Lumpur
THE Invest Malaysia conference opening in Kuala Lumpur on Tuesday could prove awkward for the country, coming as it does after last week's release of a parliamentary report revealing poor governance and management controls at the Ministry of Finance-owned company, 1MDB.
Prime Minister Najib Razak is scheduled to deliver an address to about 2,000 delegates at the event, even as the report has raised concerns over the operations of other state-owned firms and the role of key institutions.
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