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Another day, another government linked company having personnel changes at the very top. This time tho, it’s a little bit more important and significant, as it involved Malaysia’s sovereign wealth fund – Khazanah Nasional.

It’s also a pretty political change, as with former managing director Azman Mokhtar and the board of directors leaving, they’re set to be replaced by a list which includes Prime Minister Dr Mahathir and Minister of Economic Affairs Azmin Ali.

Reports coming in claim that among the various reasons why the new govt has decided to replace Azman Mokhtar and co is that there’s been multiple bad investments by the the former Khazanah boss.

“It is quite obvious they (Khazanah) are doing all kinds of funny things – they are buying houses, they are taking over companies (which is not the original purpose Khazanah was established),” – Prime Minister Mahathir, as quoted by The Edg