PETALING JAYA: The never-ending court cases involving politicians accused of corruption made it extremely difficult for the country to attract foreign investors, says a former minister.
Rafidah Aziz said no matter how efficient the civil service is, investors would “still look at court cases”.
These court cases gave the investors the wrong impression of Malaysia, she added.
“But what to do? It’s the perception,” she said when discussing the challenges the current government had when it came to foreign direct investment on the latest episode of the “Keluar Sekejap” podcast.
Several high-profile corruption cases have hogged the limelight in the country.
Former prime minister Najib Razak is currently serving a 12-year prison sentence after he was convicted for abuse of power, money laundering and criminal breach of trust (CBT) over SRC International funds amounting to RM42 million.
Muhyiddin Yassin, who was the country’s eighth prime minister, is facing money laundering charges involving about RM200 million in funds linked to the Jana Wibawa programme.
MORE TO COME - FMT
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