Government-linked companies: Transparency and accountability

Malaysia’s government-linked companies hold combined assets under management valued at over RM1.8tn, roughly the size of Malaysia’s nominal gross domestic product (GDP).

Following the enactment of the Audit (amendment) Bill, which took effect on 1 November, the auditor general now holds the authority to audit the accounts of 1,856 entities, including government-linked firms.

If audits uncover just RM1m in savings per company, the total could reach RM2bn – resources that can be allocated towards transforming lives for the better.

Astro Awani focuses on transparency and accountability for government-linked companies and government-linked investment companies to identify underperforming entities and improve Malaysia’s overall economic landscape.

Produced by: Astro Awani

The views expressed in Aliran's media statements and the NGO statements we have endorsed reflect Aliran's official stand. Views and opinions expressed in other pieces published here do not necessarily reflect Aliran's official position.

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