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.
1 Malaysia Development Berhad. (2014, October 30). 1MDB replies to criticism. Retrieved from https://www.theedgemarkets.com/article/1mdb-replies-criticisms
1MDB replies to criticism. (2014, October 31). The Edge Financial Daily. Retrieved from http://www.theedgemarkets.com/article/1mdb-replies-criticisms-0
1MDB says welcome any probe, will rebut ‘malicious allegations’. (2014, December 13). The Malaysian Insider. Retrieved from http://www.theedgemarkets.com/article/1mdb-says-welcome-any-probe-will-rebut-%E2%80%98malicious-allegations%E2%80%99
1MDB. (2015, September 20). 1MDB slams Pua for 'sensationalist' modus operandi. Malaysiakini. Retrieved from https://www.malaysiakini.com/letters/312939
Adam, S. (2018, May 30). Malaysia Asks $8.3 Billion Question on 1MDB. Here's What We Know. Retrieved from https://www.bloomberg.com/news/articles/2018-05-29/malaysia-asks-8-3-billion-question-on-1mdb-here-s-what-we-know
A-G not as sensitive as Malay rulers in smelling 1MDB’s wrongdoing, says PAS. (2015, October 16). The Malaysian Insider. Retrieved from http://www.theedgemarkets.com/article/g-not-sensitive-malay-rulers-smelling-1mdb%E2%80%99s-wrongdoing-says-pas
Ahmad Naqib, I. (2016, July 22). Opposition lawmakers call for RCI to investigate 1MDB. The Edge Financial Daily. Retrieved from http://www.theedgemarkets.com/article/opposition-lawmakers-call-rci-investigate-1mdb
Akhbar, S. (2015, October 12). Transparency Int ‘urges 1MDB officials to immediately comply with Bank Negara’s instruction’. Retrieved from http://www.theedgemarkets.com/article/transparency-int-%E2%80%98urges-1mdb-officials-immediately-comply-bank-negara%E2%80%99s-instruction%E2%80%99
Amin, K. (2014, December 12). Umno leader makes police report against 1MDB. Free Malaysia Today. Retrieved from http://www.freemalaysiatoday.com/category/nation/2014/12/12/umno-leader-makes-police-report-against-1mdb/
Anbalagan, V. (2015a, October 12). Khairuddin, Chang charged with sabotaging Malaysian economy. The Malaysian Insider. Retrieved from http://www.theedgemarkets.com/article/khairuddin-chang-charged-sabotaging-malaysian-economy
Anbalagan, V. (2015b, October 13). High Court declines to hear application to review charge. The Edge Financial Daily. Retrieved from http://www.theedgemarkets.com/article/high-court-declines-hear-application-review-charge
Anbalagan, V. (2015c, November 18). Khairuddin, Matthias out on bail, court rules Sosma not applicable. The Malaysian Insider. Retrieved from http://www.theedgemarkets.com/article/khairuddin-matthias-out-bail-court-rules-sosma-not-applicable
Anbalagan, V. (2015d, December 2). Putrajaya appeals against granting bail to 1MDB critics. The Malaysian Insider. Retrieved from http://www.theedgemarkets.com/article/putrajaya-appeals-against-granting-bail-1mdb-critics
Anbalagan, V. (2015e, November 18). The fight goes on, says Khairuddin on finding the ‘truth’ behind 1MDB. The Malaysian Insider. Retrieved from http://www.theedgemarkets.com/article/fight-goes-says-khairuddin-finding-%E2%80%98truth%E2%80%99-behind-1mdb
Azam, A. (2015, March 4). My say: Lessons Unlearned. The Edge Malaysia Weekly. Retrieved from http://www.theedgemarkets.com/article/my-say-lessons-unlearned
Barrock, J. (2013a, April 1). Will 1MDB’s power acquisitions pay off? Kinibiz. Retrieved from http://www.kinibiz.com/story/issues/12168/will-1mdbs-power-acquisitions-pay-off.html
Barrock, J. (2013b, March 26). 1MDB: Giant ponzi scheme or strategic investment fund? Kinibiz. Retrieved from http://www.kinibiz.com/story/issues/11166/1mdb-giant-ponzi-scheme-or-strategic-investment-fund.html
Barrock, J. (2013c, April 3). Khazanah Nasional vs 1MDB. Kinibiz. Retrieved from http://www.kinibiz.com/story/issues/12594/khazanah-nasional-vs-1mdb.html
Bhattasharjee, R. (2016, January 8). Political turmoil shakes nation. The Edge Malaysia Weekly. Retrieved from http://www.theedgemarkets.com/article/political-turmoil-shakes-nation
Blemin,
In-Text Citation: (Ali, 2018)
To Cite this Article: Ali, A. M. (2018). 1MDB: Corporate Governance Going Berserk? Part I. International Journal of Academic Research in Business and Social Sciences, 8(12), 1861–1946.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode