How MCA barons financed Umno in Malaya

comments     Tricia Yeoh     Published     Updated

COMMENT The intricate nexus between the worlds of business and politics has been an age-old tradition in Malaysia.

Crony capitalism, a term to describe the intertwined relationship among business, politicians and the state, where individuals in the private sector benefit by obtaining licences, concessions, government subsidies, other forms of protection from governments and appointments to key state-owned enterprises through their close relationship with politicians and bureaucrats.

The main questions to ask in the event of a regime change are: Will it really ever be possible to extricate one from the other, given the context where this is an assumed norm? Second, how would a new government go about making these drastic changes?

For the rest of this story and more, subscribe for only RM150 a year (full news access)
or RM420 a year (full news + full archive access). If you're already a subscriber, please sign in.

Sign in Subscribe now

Keep Malaysiakini independent!

Malaysiakini will be 18 this year. That we’ve survived this long is because of you.

Your support matters. A lot. Especially those who pay RM150 annually, RM288 biennially or RM388 triennially to keep Malaysiakini independent from government/opposition influence and corporate interests. Advertising alone will not keep Malaysiakini afloat.

Together, we’ve gone far. We’ve covered three prime ministers, four general elections, five Bersih rallies, and countless scandals. But the journey continues.

Help us deliver news and views that matter to Malaysians. Help us make a difference for Malaysia.

Support Malaysiakini



Malaysiakini
news and views that matter


Sign In