Dodgy deals and mismanagement

THE recent scrutiny of government-linked companies’ (GLCs) and government-linked investment companies’ (GLICs) expenditures and the remuneration of their top executives has shone a spotlight on questionable practices and governance in these taxpayer-funded companies. In the news is Pelaburan Hartanah Bhd (PHB), Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB)..