Don’t put the house in your own name. Don’t own the company yourself. If necessary, let a trusted relative, friend, or business associate hold the paperwork while you quietly enjoy the benefits.
On paper, everything looks perfectly ordinary.
That is precisely the loophole Malaysia’s latest asset declaration reforms are trying to close.
The Public Service Department (PSD)’s revised asset declaration framework (MyPPSM Section UP.7.2.6) requires federal public officers to declare not only assets they or their families legally own, but also...