‘Full force': Malaysia PM says crusade against corruption is not over as country courts investment

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The Southeast Asian nation lost around 277 billion ringgit in economic output due to corruption from 2018 to 2023, according to official estimates.

Prime Minister Anwar Ibrahim explained that both domestic and foreign investors will garner more confidence when they see consistency in transparent processes and a stronger commitment to put an end to corruption.

As Anwar draws closer to the second anniversary since being sworn in as prime minister, he remains strongly committed to this crackdown, and has taken a no-nonsense approach in dealing with the problem, he said."We have to save the country. To my mind ... the major problem is poor governance and endemic corruption," he told CNBC's JP Ong.

However, he explained that he instead had to appeal to his coalition to have conversations on the best ways to solve this issue, and reiterated that if they continued being"too slow and ineffective ... the nation can never be saved."Anwar did not speak specifically about any cases of corruption, nor did he name any former leaders during the interview. However, multiple instances of corruption still make headlines when proper governance in Malaysia is being discussed.

 

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