1MDB: Corporate Governance Going Berserk? Part I

Abstract

The Part I of two parts of a case study on 1MDB’s corporate governance going berserk? dwells on three areas: the definition and purposes of corporate governance; the questions various local parties have raised on 1MDB’s operations and related matters; and, the answers handed down by the 1MDB and other related parties. For the last one the answers come in three ways: in the form of words, efforts in obstructing justice and various tactics in intimidating parties from inside and outside the country. All this in Part 1 are in contrast to Part II which is concerned with only two areas: first, weak corporate governance and the like or fraud to describe the goings on in and around 1MDB; and, second, questions looking for answers which readers of both Part I and Part II of the case study may want to answer.