Why Bank Negara avoided ‘a confrontational approach’ on 1MDB fraud
Veteran governor says being more outspoken would have damaged the central bank
Fallout from the theft of $4.5 billion from Malaysian sovereign wealth fund 1MDB has reverberated across the world, leading to prison terms for some perpetrators – including a former prime minister – embarrassment for Hollywood stars and even casting a shadow over the career of veteran central banker, Zeti Akhtar Aziz.
Zeti, governor of Malaysia’s central bank from 2000 to 2016, built a formidable reputation during her tenure at Bank Negara Malaysia: she led much of the institution’s successful
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