Guan Eng: Japanese investors shunned Malaysia because of 1MDB scandal | TheStarTV.com

Guan Eng: Japanese investors shunned Malaysia because of 1MDB scandal

Published on 19 Feb 2019 6:13:55 PM

Japanese investors previously avoided Malaysia as they were spooked by the 1MDB scandal, Lim Guan Eng said on Tuesday. In his speech at Pheim Asset Management’s 25th anniversary celebration in Kuala Lumpur, the Finance Minister said their confidence was only restored after the Pakatan Harapan government began cracking down on the many alleged financial crimes involving the state investment firm.

Keywords
1malaysia development berhad, 1mdb scandal, alleged financial crimes, japanese investors, lim guan eng, malaysia, state investment firm

Japanese investors previously avoided Malaysia as they were spooked by the 1MDB scandal, Lim Guan Eng said on Tuesday. In his speech at Pheim Asset Management’s 25th anniversary celebration in Kuala Lumpur, the Finance Minister said their confidence was only restored after the Pakatan Harapan government began cracking down on the many alleged financial crimes involving the state investment firm.

Keywords:
1malaysia development berhad, 1mdb scandal, alleged financial crimes, japanese investors, lim guan eng, malaysia, state investment firm

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