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Opinion

Indonesia's Jokowi must learn the lessons of Malaysia's 1MDB scandal

New sovereign wealth fund needs thick firewalls to keep political meddlers out

| Indonesia
President Jokowi is eyeing a brighter future for his 267 million people.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Indonesia's Joko Widodo, known as Jokowi, faces a Malaysia-sized problem as he opens Southeast Asia's biggest economy for international business.

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