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☆ Malaysia PM vows to recover Goldman Sachs 1MDB settlement, warns of possible lawsuits
▼ + stars: | 2023-08-21 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

Nurphoto | Nurphoto | Getty ImagesMalaysia's Prime Minister Anwar Ibrahim has vowed to recover the money Malaysians are owed from the 1MDB money laundering scandal, and says he hasn't ruled out the possibility of a lawsuit against Goldman Sachs. Anwar said Malaysian agencies were still in talks with Goldman Sachs, though ongoing discussions are "a bit complex." Asked to comment on Anwar's interview, Goldman Sachs referred CNBC to its second quarter earnings statement. It remains to be seen what would come out of the standoff between Malaysia and Goldman Sachs. "No one can deny the fact that Goldman Sachs was used, and partly used the authorities," Anwar said in his interview.

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KUALA LUMPUR, Aug 12 (Reuters) - Malaysians in six states headed to the polls on Saturday in regional elections seen as a major test of support for Prime Minister Anwar Ibrahim's nine-month old administration. Perikatan, led by former prime minister Muhyiddin Yassin, made significant inroads in the Malay heartlands in the last national election in November 2022. [1/3]A woman casts her ballot paper during a state election at Selayang, Malaysia August 12, 2023. Critics, however, have raised concerns over increasing government scrutiny on online content and growing intolerance against the country's LGBTQ community. Anwar has said LGBTQ rights will not be recognised by his administration.

Persons: Anwar Ibrahim's, Pakatan Harapan, Muhyiddin Yassin, Anwar, Hasnoor Hussain, Zainal, Anwar's, Rozanna Latiff, Raju Gopalakrishnan Organizations: Perikatan, United Malays National Organisation, REUTERS, Merdeka Centre, Ilham, Reuters, Thomson Locations: KUALA LUMPUR, Selangor, Penang, Negeri Sembilan, Kelantan, Terengganu, Kedah, Perikatan Nasional, Malay, Selayang, Malaysia

☆ Around the world, charges are no barrier to high office
▼ + stars: | 2023-04-04 | by ( Caolán Magee | ) edition.cnn.com time to read: +6 min

But charges have often not been a barrier to holding political office. Israel’s Benjamin NetanyahuIsraeli Prime Minister Benjamin Netanyahu in Berlin, March 16, 2023. The prime minister is also currently facing a corruption trial, on charges of fraud, bribery and breach of trust. Lula has called the charges a “farce,” claiming the charges were politically motivated. Angelo Carconi/Associated PressThe flamboyant Italian tycoon was a serial prime minister until standing down in 2011.

Persons: Donald Trump, Israel’s Benjamin Netanyahu, Benjamin Netanyahu, Sean Gallup, Netanyahu, Israel’s, Brazil’s Luiz Inácio Lula da Silva, Luiz Inácio Lula Da Silva, Ulysses Guimarães, Andressa Anholete, Lula, Jair Bolsonaro, Argentina’s Cristina Fernández de Kirchner, Cristina Fernández de Kirchner, Luis Robayo, Fernández de Kirchner, ”, Malaysia’s Anwar Ibrahim Malaysia's, Anwar Ibrahim, Arif Kartono, Anwar, –, Italy’s Silvio Berlusconi Silvio Berlusconi, Angelo Carconi, Berlusconi Organizations: CNN, Trump, Brazil’s Luiz Inácio Lula da Silva Brazilian, Centro de, Petrobras, Getty, Alliance of Hope, Associated, Italy’s Senate Locations: Israel’s Benjamin Netanyahu Israeli, Berlin, Brasilia, Brazil, America, La Plata, Argentina, AFP, Permatang, Malaysia's Penang, Malaysian, Malaysia, Rome, Italy, Italy’s

☆ Malaysia's new prime minister Anwar Ibrahim vows to unify the country and fight corruption
▼ + stars: | 2022-11-25 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +4 min

watch nowNew prime minister Anwar Ibrahim has pledged to make "Malaysia for all Malaysians," fight corruption and reiterated that he won't be taking a salary as Malaysians battle rising costs of living. International relationsCongratulations poured in from leaders from all over the world including Indonesian President Joko Widodo and Singapore Prime Minister Lee Hsien Loong. Malaysia's Anwar Ibrahim takes his first press conference after being appointed prime minister. Perikatan Nasional won 73 seats and was runner-up to Anwar's Pakatan Harapan which won 82 seats. Prime Minister Anwar Ibrahim swron in by Malaysia's King Sultan Abdullah Sultan Ahmad Shah on Thursday Mohd Rasfan | Afp | Getty Images

☆ Malaysia's Anwar begins work as PM after polarising election
▼ + stars: | 2022-11-25 | by ( ) www.reuters.com time to read: +4 min

[1/3] Malaysia's newly appointed Prime Minister Anwar Ibrahim greets his supporters as he leaves his news conference in Sungai Long, Selangor, Malaysia November 24, 2022. Office of Anwar Ibrahim/Afiq Hambali/Handout via REUTERSKUALA LUMPUR, Nov 25 (Reuters) - Malaysia's Anwar Ibrahim is expected to start discussions on forming his cabinet on Friday as he begins work as prime minister at a challenging time, with the economy slowing and the country deeply split after a close election. Anwar, who was appointed by Malaysia's king following an inconclusive election, said that the people of Malaysia had long been awaiting change. Both men's coalitions failed to win a majority in Saturday's election, but Malaysia's constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Markets surged on Thursday on the end of political deadlock, but investors will be monitoring how Anwar manages the aftermath of the election.

☆ Malaysia’s king names Anwar Ibrahim prime minister after inconclusive election
▼ + stars: | 2022-11-24 | by ( ) www.nbcnews.com time to read: +3 min

KUALA LUMPUR, Malaysia — Malaysia’s Anwar Ibrahim was sworn in as prime minister on Thursday, capping a three-decade political journey from a protégé of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy and opposition leader. His appointment ends five days of unprecedented post-election crisis, but could usher in a new instability with his rival, former Prime Minister Muhyiddin Yassin, challenging him to prove his majority in Parliament. Both men failed to win a majority in a Saturday election, but the constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Anwar, 75, has time and again been denied the premiership despite getting within striking distance over the years: He was deputy prime minister in the 1990s and the official prime minister-in-waiting in 2018. Anwar’s coalition, known as Pakatan Harapan, won the most seats in Saturday’s vote with 82, while Muhyiddin’s Perikatan Nasional bloc won 73.

☆ Anwar Ibrahim, the 75-year-old Malaysian prime minister-in-waiting, finally clinched the top job after spending years in jail
▼ + stars: | 2022-11-24 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Anwar Ibrahim has been tapped to be the next Malaysian prime minister. Anwar has spent two decades vying for the top jobAnwar was Malaysia's deputy prime minister in the 1990s, serving under then-Prime Minister Mahathir Mohamad. He was freed in 2004 after being acquitted of that sodomy charge. Anwar was convicted of that sodomy charge and sentenced to five years in prison in March 2014. Malaysia is now set to swear in its new prime minister at 5 p.m. local time on Thursday.

☆ Reaction to Anwar Ibrahim's appointment as Malaysian prime minister
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +4 min

KUALA LUMPUR, Nov 24 (Reuters) - Malaysia's king appointed long-time opposition leader Anwar Ibrahim as prime minister on Thursday, ending five days of unprecedented post-election crisis after inconclusive polls. Anwar's appointment caps a three-decade long political journey from a protege of veteran leader Mahathir Mohamad to protest leader, to a prisoner convicted of sodomy, to opposition leader and, finally, prime minister. The former finance minister and deputy prime minister will have to address soaring inflation and slowing growth, while calming ethnic tension that has flared since a Saturday election. ADIB ZALKAPLI, DIRECTOR AT POLITICAL RISK CONSULTANCY BOWERGROUPASIA:"With the appointment of Anwar as the 10th prime minister, this is a closure to the longest-running political crisis in Malaysia that began 24 years ago when he was sacked by the prime minister Mahathir Mohamad .... So it's an important closure, Anwar has been the longest-serving potential prime minister candidate.

☆ Malaysia's former ruling bloc may back Anwar in PM race
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: +3 min

KUALA LUMPUR, Nov 24 (Reuters) - Malaysia's former ruling coalition indicated that it may support opposition leader Anwar Ibrahim as prime minister, reversing a decision to stay neutral and potentially helping resolve a political stalemate. The Barisan coalition will not support a government that is led by ex-premier Muhyddin Yassin's alliance, its biggest component party said, though it did not make any reference to Anwar. King Al-Sultan Abdullah Sultan will meet with other senior royals on Thursday to help decide who will become prime minister. The constitutional monarch plays a largely ceremonial role but can appoint a premier he believes will command a majority in parliament. The king had suggested that both the leaders work together to form a "unity government", but Muhyiddin declined the proposal.

☆ Anwar Ibrahim's long road to prime minister of Malaysia
▼ + stars: | 2022-11-24 | by ( Harish Sridharan | ) www.reuters.com time to read: +3 min

** He had a meteoric political rise under Prime Minister Mahathir Mohamad, who invited him to join the ruling coalition, the United Malays National Organisation (UMNO), in 1982. ** Finance minister from 1991 and deputy prime minister from 1993, the long-celebrated heir apparent to Mahathir fell out with his mentor in 1998. ** During the term of Prime Minister Najib Razak in 2015, Anwar was jailed for sodomy for the second time. ** Anwar and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties. ** Malaysia's king appointed Anwar as prime minister after a special meeting of his fellow hereditary sultans.

☆ Malaysia’s Anwar becomes prime minister, ending decades-long wait
▼ + stars: | 2022-11-24 | by ( Story Reuters | ) edition.cnn.com time to read: +6 min

Malaysia’s Anwar Ibrahim was sworn in as prime minister on Thursday, capping a three-decade political journey from a protege of veteran leader Mahathir Mohamad to protest leader, a prisoner convicted of sodomy, and opposition leader. Both men failed to win a majority in a Saturday election, but the constitutional monarch, King Al-Sultan Abdullah, appointed Anwar after speaking to several lawmakers. Anwar was sworn in as Malaysia's prime minister on Thursday, ending a political impasse. Mohd Rasfan/AFP/Getty ImagesMalaysia's King Sultan Abdullah Sultan Ahmad Shah (right) appointed Anwar (left) after consulting with lawmakers. The decision on the prime minister came down to King Al-Sultan Abdullah Sultan Ahmad Shah, after both Anwar and Muhyiddin missed his Tuesday afternoon deadline to put together a ruling alliance.

☆ Malaysian king calls council of sultans to resolve election crisis
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +3 min

[1/6] Malaysian King Sultan Abdullah Sultan Ahmad Shah waves to media members waiting outside the National Palace in Kuala Lumpur, Malaysia November 21, 2022. REUTERS/Hasnoor HussainKUALA LUMPUR, Nov 23 (Reuters) - Malaysia's king on Wednesday called a special meeting of his fellow hereditary sultans to discuss who should be prime minister as an unprecedented post-election crisis entered its fourth day. King Al-Sultan Abdullah made his announcement of a special council after meeting lawmakers from the incumbent Barisan Nasional coalition. Anwar's coalition, known as Pakatan Harapan, won the most seats in the Saturday election with 82, while Muhyiddin's Perikatan Nasional bloc won 73. Police this week cautioned social media users to refrain from posting "provocative" content on race and religion after the divisive election.

☆ Malaysia's Barisan Nasional will not support leading coalitions in forming government
▼ + stars: | 2022-11-22 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +1 min

Malaysia's longest ruling political coalition Barisan Nasional has decided it will not back either of the two leading coalitions Pakatan Harapan or Perikatan Nasional as the nation's king decides who will form government. The coalition, which garnered a dismal 30 seats at Saturday's general election, has also decided to remain in opposition. Incumbent Malaysian Prime Minister Ismail Sabri Yaakob announced the coalition's decision at 2 p.m. Malaysia time as both Pakatan and Perikatan were on their way to meet the king. Separately, local media reported the Warisan Party declared it would support Pakatan and Barisan as the bloc with the most wins. Malaysia is facing a hung parliament as Pakatan, led by former Deputy Prime Minister Anwar Ibrahim, with the most parliamentary seats at 82.

☆ Malaysian voters erred on the side of conservatism at weekend polls, analysts said
▼ + stars: | 2022-11-21 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +3 min

watch nowIt will be a tough road to victory for Malaysia's reformist party Pakatan Harapan after the weekend's general elections where voters leaned toward conservative and religious parties, analysts said. The largest opposition coalition Pakatan Harapan is led by former deputy prime minister Anwar Ibrahim, who is looking to become prime minister after being denied the leadership for over two decades. Malaysian opposition leader Anwar Ibrahim of Pakatan Harapan on Monday morning before meeting the king. Former prime minister and long-time statesman Mahathir Mohamad's historic loss of his seat in Langkawi shows that politics in Malaysia are changing, according to Better Malaysia Assembly advocate and brother of jailed former Prime Minister Najib Razak, Nazir Razak. Nurphoto | Nurphoto | Getty Images

☆ Malaysia's political manoeuvring begins after indecisive election
▼ + stars: | 2022-11-20 | by ( ) www.cnbc.com time to read: +2 min

Voters queue up to cast their ballots during the general election in Bera of Pahang state, Malaysia, Nov. 19, 2022. Malaysia's political leaders scrambled on Sunday to secure support from rivals a day after a general election produced a hung parliament, with no coalition winning a parliamentary majority. Longtime opposition leader Anwar Ibrahim and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties, whom they did not identify. Prime Minister Ismail Sabri Yaakob's Barisan Nasional alliance - whose United Malays National Organisation (UMNO) had long been Malaysia's dominant political force - suffered its worst electoral defeat ever, winning just 30 of the 178 seats it vied for. As voters rejected UMNO and the multi-ethnic Barisan coalition it leads for the second election in a row, Muhyiddin's Perikatan Nasional coalition, in its first national contest, pulled support from Barisan's traditional base.

☆ Explainer: What to expect as Malaysia's split election leaves scramble to form govt
▼ + stars: | 2022-11-20 | by ( Mei Mei Chu | ) www.reuters.com time to read: +4 min

[1/3] The logo of Malaysia's election commission is pictured at its headquarters in Putrajaya, Malaysia, October 20, 2022. REUTERS/Hasnoor HussainKUALA LUMPUR, Nov 20 (Reuters) - Malaysia's political leaders were scrambling to form a coalition government on Sunday after an election produced an unprecedented hung parliament, with no group able to claim a majority. Longtime opposition leader Anwar Ibrahim and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other parties, whom they did not identify. It made inroads in strongholds of Barisan, whose United Malays National Organisation (UMNO) - long Malaysia's dominant political force - made its worst showing ever. KING'S ROLEKing Al-Sultan Abdullah could potentially pick the next prime minister.

☆ Malaysia votes in general election, Anwar expected to lead tight race
▼ + stars: | 2022-11-19 | by ( A. Ananthalakshmi | Rozanna Latiff | ) www.reuters.com time to read: +4 min

Malaysians queue to cast their vote for the country's general election at Permatang Pauh, Penang, Malaysia November 19, 2022. Without a clear winner, political uncertainty could persist as Malaysia faces slowing economic growth and rising inflation. “I don’t think it is possible for any coalition to win on their own,” said Sivamurugan Pandian, political analyst at Malaysia Science University. Anwar was the top choice for prime minister at 33%, followed by Muhyiddin at 26% and Ismail at 17%. Sheila Supramaniam, 30, said she will vote for Anwar as his coalition stood firmly against corruption and discrimination.

☆ Malaysia votes in general election, Anwar seen leading tight race
▼ + stars: | 2022-11-19 | by ( A. Ananthalakshmi | Rozanna Latiff | ) www.reuters.com time to read: +5 min

Malaysian Caretaker Prime Minister Ismail Sabri Yaakob stands in a line to vote during Malaysia's 15th general election in Bera, Pahang, Malaysia November 19, 2022. Prime Minister Ismail Sabri Yaakob’s ruling Barisan coalition and another bloc led by former premier Muhyiddin Yassin are other leading contenders. Muhyiddin’s alliance was a junior partner in Ismail’s coalition government, and the two could come together again to block Anwar. That was on par with turnout at the same time in the previous election in 2018, reflecting the increase in voters, political analyst Bridget Welsh told Reuters. Anwar was the top choice for prime minister at 33%, followed by Muhyiddin at 26% and Ismail at 17% in the Merdeka survey.

☆ Factbox: How Malaysia's election system works
▼ + stars: | 2022-11-19 | by ( Mei Mei Chu | ) www.reuters.com time to read: +3 min

The general election is held every five years unless the prime minister calls for an early poll. The Election Commission typically declares the results on the day of the election and the prime minister is sworn in the next day. THE VOTERSOver 21 million Malaysians are eligible to vote in this election, including 6 million new voters. But UMNO returned to power in 2020 as part of another alliance after the opposition coalition collapsed. It won the 2018 election under the leadership of former premier Mahathir Mohamad but lost power two years later due to infighting.

☆ Ahead of Malaysia's elections, political rivals battle over corruption and 1MDB scandal
▼ + stars: | 2022-11-18 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +4 min

watch nowMalaysia's nationalist UMNO party said its rivals are driving a "campaign of fear" against the ruling Barisan Nasional coalition in the lead-up to Saturday's elections and this could cost Malaysians. UMNO is part of the Barisan Nasional coalition. "I'm not at all denying that there are issues around integrity in our political system and this applies to all political parties." Corruption allegations against Najib led to the the long-standing ruling coalition Barisan Nasional being ousted from power in the last election in 2018, ending its 60-year political dominance in the Southeast Asian country. "Top leaders in our party are still facing court cases; now could you have said that for the time when Mahathir was prime minister?

☆ Malaysia's upcoming election is poised to be a battleground of uncertainty
▼ + stars: | 2022-11-17 | by ( Su-Lin Tan | ) www.cnbc.com time to read: +7 min

Four years ago, opposition coalition Pakatan Harapan swept Barisan Nasional — the ruling coalition at that time — out of power for the first time in 60 years. Then chairman and second-time prime minister Mahathir Mohamad resigned after 22 months in office and the coalition fell apart. Malaysia's political crisis has paved the way for a smorgasbord of parties and coalitions contesting the general election on Nov. 19. Perikatan gained notoriety after it was formed in 2020 following the defection of members from Pakatan Harapan. Anwar Ibrahim is looking to become prime minister after being denied the leadership for over two decades.

KUALA LUMPUR, Nov 18 (Reuters) - Anwar Ibrahim has ramped up campaigning this week to be Malaysia's prime minister, buoyed by polls putting the veteran opposition leader ahead in a closely fought contest. Rival alliances, including those run by Prime Minister Ismail Sabri Yaakob and former premier Muhyiddin Yassin, could come together to clinch the required numbers and deny Anwar the top job. "This election is not about changing the prime minister," Anwar said in an address on Thursday. "This election is the best chance to save the country and make sweeping changes to restore our beloved nation." In an interview with Reuters this month, Anwar ruled out working with Ismail and Muhyiddin's coalitions, citing "fundamental differences" over race and religion.

Mahathir Mohammad, the former Prime Minister of Malaysia, during a press conference in Putrajaya, Malaysia on August 4, 2022. Mahathir, as well as opposition leader Anwar Ibrahim who leads the Pakatan Harapan party, both opposed conducting early elections due to the monsoon and flood season which could affect voter turnout or put voters in harm's way. Additionally, many voters had received bribes from the government to vote, Mahathir told CNBC in an exclusive interview last Thursday. watch nowThe government should be focused on weeding out corruption and fine-tuning its economic management of the country, Mahathir said. watch nowLike Mahathir, he said the government should be focusing on problems such as record-high food inflation.

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