PETALING JAYA: An academician has called on the state governments to dissolve state investment arms, the Menteri Besar Inc (MBI) and Chief Minister Inc (CMI).
Prof Edmund Terence Gomez (pic) from Universiti Malaya’s (UM) Faculty of Economic and Administration said the state government should instead utilise the state economic development corporation (SEDC) which is more transparent, accountable and in coordination with the federal government.
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