Mahathir: Corporate governance often ignored by GLCs


KUALA LUMPUR: There is a higher level of awareness of corporate governance but for many government-linked companies (GLCs), corporate governance is very often ignored, according to Tun Mahathir Mohamad.

“I have been looking at some of the GLCs. I find it difficult to identify. We need to know more about GLCs to see if they are conforming to our needs of corporate governance,” the former prime minister told reporters after officiating the Corporate Governance Summit 2009 themed Truth, lies and corporate governance yesterday.

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