Malaysia has some well-run GLCs


Datuk Seri Johari Abdul Ghani Speaking at the Invest Malaysia 2017 panel discussion. - Ong Soon Hin/The Star

KUALA LUMPUR: The incidents surrounding 1Malaysia Development Bhd (1MDB) are not an accurate representation of how the government or government-linked companies (GLCs) are run, according to Second Finance Minister Datuk Seri Johari Abdul Ghani.

“To say that the government has no governance is also not right because we are producing the numbers and have good standing in international and regional rankings. We have strong fundamentals of governance. It is not because of this (1MDB) that the entire country collapsed,” he said.

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