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Malaysian Minister to Resign after 1MDB Pardon Sparks Criticism
Source: Bloomberg
Elections & Domestic PoliticsLegal & LitigationManagement & Governance
Malaysian Transport Minister Anthony Loke said he plans to resign from the cabinet over the conditional pardon granted to former Prime Minister Najib Razak, who was implicated in the 1MDB corruption scandal. The potential cabinet departure adds political and governance uncertainty in Malaysia and could weigh on investor confidence, though no economic or market figures were disclosed.
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