For decades, Malaysia’s GLCs – government-linked companies – have been central to the economy, controlling vast sectors from banking to telecoms.
But according to political economist Dr Edmund Terence Gomez, they are also at the heart of what he calls the political-GLC complex – a deeply entrenched system that allows the ruling elite to use these companies for political control, patronage and grand corruption.
Can the political-GLC complex ever be dismantled?
Astro Awani’s Melisa Idris talks to Dr Edmund Terence Gomez, emeritus professor of political economy at the University of Malaya, author of Misgovernance: Grand Corruption in Malaysia and Aliran member.
Produced by: Astro Awani
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