1MDB's vocal critic is an unwarranted casualty of its fallout

(Sept 25): Datuk Seri Nazir Razak was an early and vocal critic of 1Malaysia Development Bhd (1MDB) and the opaque manner it was managed.

It is, therefore, sad that he is now a casualty of the 1MDB fallout, as the new government which came to power on the back of public anger over the financial scandal makes further leadership changes at government-linked companies (GLC).

CIMB announced yesterday that Nazir will step down as chairman of the bank on Dec 31. He started as a junior executive there 28 years ago.

---

Related Stories

• 17Live’s Joseph Phua takes back the helm as current CEO resigns
• OxPay Financial managing director Koh Jin Kit resigns
• Ex-Goldman banker Ng in Malaysia for 1MDB probe, according to a report

---