Asia Sentinel

Asia Sentinel

Malaysia’s Exim Bank: A Morass of Bad Loans

Our Correspondent
Apr 23, 2008
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An explosive auditor’s report on the government-owned Malaysia Export-Import Bank that details tens of millions of dollars in politically tinged nonperforming loans and possible illegalities has been hidden away in a central bank file for more than four years without being acted upon.

The report, by auditors from Bank Negara Malaysia, the country’s centr…

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