Recognising GLCs are vehicles of graft is part of economic reforms, says don

KUALA LUMPUR (July 13): Putrajaya needs to acknowledge the fact that government-linked companies (GLCs) are vehicles of corruption in order to succeed in its economic reforms, says US-based economic professor Dr Woo Wing Thye.

Speaking to reporters after giving a lecture on the US-China trade war, Woo said it is naïve to think that Malaysia can make GLCs work while other countries cannot.