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Asia Sentinel

Malaysia’s Controversial State Fund to be Dissolved?

John Berthelsen's avatar
John Berthelsen
Mar 06, 2015
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A Reuters news service report that 1Malaysia Development Bhd., the ill-starred and debt-ridden state investment fund, may be restructured and possibly dissolved, has to be considered a devastating political blow for Prime Minister Najib Tun Razak, who has been under intense criticism for months over the fund’s debts and its opaque accounts.

Reuters quote…

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