Najib Razak: PM should hand over the purse strings

Malaysian leader climbs off the bottom of our Finance Minister of the Year rankings to rate 10th out of 12 as 1MDB scandal fades. But he is still attempting to spin too many plates.

 

Talk to any investor about Malaysia, and it will not be long before 1MDB comes up. The scandal surrounding the state fund has damaged the reputation of Prime Minister Najib Razak.

It was also part of the reason why Najib, who is also the country’s finance minister, placed dead last in FinanceAsia's Finance Minister of the Year awards last year. That verdict caused something of a stir on social media in Malaysia and even sparked a furious official rebuttal from the Ministry of Finance.

But the furore around the 1MDB scandal has lessened, and the concern this year is more...

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