SRC case outcome a boost for investors’ confidence in Malaysia

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Malaysia needs to be more pro-business and pursue more active process, performance and strategic benchmarking. 'Indonesia is actively pushing this' theSun theSundaily najibrazak SRC malaysia business NewsBreak

The verdict and punishment meted out on former prime minister Datuk Seri Najib Razak shows international investors that Malaysia has an independent judicial system that follows the nation’s laws and constitution, and not on shifting political power or the pressures of a temporary majority, experts say, adding that this plays a crucial role in attracting foreign direct investments .

“Surely we have seen in the last two years the emergence of a leadership that is less open to economic freedom and more oriented towards a higher degree of government control over the economy; and this is not good. If such a leadership remains after the next election, it won’t be a good signal for the economy,” Ferlito toldNajib began serving his 12-year sentence at Kajang Prision on Aug 23, 2022 after the Federal Court upheld his conviction and sentence in the SRC International case.

Lim said Malaysia needs to be more pro-business and pursue more active process, performance and strategic benchmarking.

 

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