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'New Malaysia' under Mahathir looks much like old crony state

Promises of reform to state-owned companies have gone unfulfilled

| Malaysia
It is not clear what Mahathir has done to reform Malaysia's notorious system of patronage.   © Reuters

It is coming up for two years since Malaysian Prime Minister Najib Razak was removed from power by Mahathir Mohamad's Pakatan Harapan, or Coalition of Hope. The new government promised to put a halt to decades of crony capitalism which culminated in the scandal of 1Malaysia Development Berhad.

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