The Global Financial System And The 1MDB Scandal

The Global Financial System And The 1MDB Scandal

Malaysia’s 1Malaysia Development Berhad (1MDB) scandal reached a crescendo in July. The US Attorney General claimed that more than US$3.5 billion belonging to 1MDB was ‘allegedly misappropriated by high-level officials of 1MDB and their associates’ […]

Indonesia’s Overly Ambitious Tax Target

Indonesia’s Overly Ambitious Tax Target

Once again Indonesia President Joko ‘Jokowi’ Widodo has reshuffled his cabinet. One pleasant surprise is the return of Ms Mulyani Indrawati, who until recently was managing director and chief operating officer of the World Bank. […]

Why Najib Razak is a Political Dead Man Walking

Why Najib Razak is a Political Dead Man Walking

Last month the US Department of Justice (US-DoJ) announced that it was taking action to seek ‘the forfeiture and recovery of more than US$1 billion in assets’ related to 1Malaysia Development Berhad (1MDB). This action […]

Myanmar’s Energy Sector Lacking Security

Myanmar’s Energy Sector Lacking Security

Myanmar is on track to be a major player in Asia’s energy security. It has an abundance of untapped resources, a geographic location strategically sandwiched between two economic giants (China and India) and has recently […]