BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Beyond The Ballot Box  >  Corruption Inc. Unpacking the Political-GLC Complex

Corruption Inc. Unpacking the Political-GLC Complex

Edmund Terence Gomez, Author, Misgovernance

25-Mar-25 15:00

Corruption Inc. Unpacking the Political-GLC Complex

Over the years, especially since the 1MDB scandal, Malaysians have become more familiar with the term ‘corruption.’ Not only have we broadened our understanding of it (no longer do we think it’s just about bribery), it has also become part of mainstream political discourse. 

Malaysians know that our country has an entrenched problem of corruption and that it is holding us back, eating us from the inside and eroding our trust in the system.

But just how deep is the rot? How does it manifest in ways beyond the obvious headlines of high-profile arrests? Why is it so challenging to reform the system? 

In this episode, we’re joined by Edmund Terence Gomez, author of an insightful book titled Misgovernance: Grand Corruption in Malaysia. It offers an in-depth examination of the perverse entanglement of politics and business in Malaysia through something called the “Political-GLC Complex.” Unlike broad critiques that dismiss GLCs outright, Gomez looks at the intricate ways in which they are run in Malaysia and how specific policies and practices have turned an idea with egalitarian objectives into a vehicle for power and patronage.

Produced by: Dashran Yohan

Presented by: Dashran Yohan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  politicscorruptiongovernment

Tags:  the bigger picturebeyond the ballot boxpolitical glc complexglc1mdbLCScorruptionpatronage





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Steven Tseng, senior analyst covering technology hardware at Bloomberg Intelligence on the outlook of China's tech giants.

7:45 AM

Morning Brief

Independent business writer P. Gunasegaram discusses the reform of GLCs and GLICs

8:00 AM

The Breakfast Grille

H.E. José Luis Pardo-Cuerdo, Spanish Ambassador to Malaysia discusses Spain’s growing engagement with Southeast Asia, its NATO commitments, and its stance on Palestine.

8:30 AM

Morning Brief

Michael Cucek of Temple University discusses Japan politics as Sanae Takaichi becomes the country’s first female Prime Minister.

8:45 AM

Morning Brief

We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Steven Tseng, senior analyst covering technology hardware at Bloomberg Intelligence on the outlook of China's tech giants.

9:35 AM

Ringgit & Sense

Lim Eng Ping, Head of Wealth Management Malaysia, Maybank & Nor Fazlina Mohd Ghouse, CEO, Maybank Trustees Berhad to talk about legacy planning.

10:05 AM

Open For Business

Wong Wai Ken, Country Manager, Stashaway Malaysia

11:00 AM

Tech Talk

Henry O’Connell, Co-Founder & CEO, Canary Speech

12:00 PM

Enterprise Explores

Salim Abu Haniffa, Executive Director, Malaysian Chamber of Commerce - Southern Africa

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service