The Sun Daily
KUALA LUMPUR: Members of Parliament today proposed a rigorous and systematic rationalisation of statutory bodies, government-linked companies (GLCs), and government-linked investment companies (GLICs).The proposal also included calls for robust governance and the requirement to present public-interest financial or investment reports in Parliament.Referring to recent investment losses by Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad (PNB) amounting to RM43.9 million in FashionValet Sdn Bhd (FashionValet…
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MPs call for greater governance and transparency in GLC, GLIC investments
KUALA LUMPUR: Members of Parliament today proposed a rigorous and systematic rationalisation of statutory bodies, government-linked companies (GLCs), and government-linked investment companies (GLICs).The proposal also included calls for robust governance and the requirement to present public-interest financial or investment reports in Parliament.Referring to recent investment losses by Khazanah Nasional Berhad (Khazanah) and Permodalan Nasional Berhad