Corruption and cronyism: Two sides of the same coin
By Zairil Khir Johari, Steven Sim
August 2015 FEATURE
Following the first Bumiputera Economic Congress in 1965, Majlis Amanah Rakyat (Mara) was established as a statutory body through an Act of Parliament. The trust council, which falls under the purview of the Ministry of Rural and Regional Development, was entrusted with the objective of “developing, encouraging, facilitating and fostering economic and social development1,” with particular focus on the bumiputera community and rural areas.In 2008, as part of a diversification drive, Mara created a wholly owned subsidiary called Mara Incorporated...
Zairil Khir Johari
is the Penang state executive councillor for public works, utilities and flood mitigation, and the state assemblyman for Tanjong Bunga.
Steven Sim
is the MP for Bukit Mertajam and Deputy Minister of Youth and Sports.
