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

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management 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

Mohd Amirul Asraf Othman of ANU, discusses how Mojtaba Khamenei’s rise as Iran’s new supreme leader could shape the country’s stability.

7:45 AM

Morning Brief

Ng Zhu Hann, Founder and CEO of Tradeview Capital, discusses the newly-launched Capital Market Masterplan 2026-2030 (CMP4).

8:00 AM

The Breakfast Grille

Fabrice Benard, Chief Executive Officer (CEO) of Generali Insurance Malaysia Berhad talks about the company and the insurance landscape in Malaysia.

8:30 AM

Morning Brief

Shukor Yusof of Endau Analytics discusses how Middle East tensions are disrupting flights and global aviation sector.

8:45 AM

Morning Brief

(REPEAT) Dr Afzanizam Abdul Rashid, Chief Economist, Bank Muamalat discusses the effects of the Iran war on our economy.

9:00 AM

Opening Bell

(REPEAT) Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Ahmad Maghfur Usman, Equity Analyst at Nomura Malaysia, shares insights into the impact of the surge in oil prices have on Asian equities and the market.

9:35 AM

BBC- The Inquiry

How Will Spain’s Migrant Amnesty Work?

10:05 AM

Open For Business

Joseph Poh and Loke Boon Eng, Wonderbrew

11:00 AM

Marketing Mojo

Prashant Kumar, Founder, Entermind

12:00 PM

Enterprise Explores

Prof. Shardul Phadnis, Professor of Operations and Supply Chain Management at the Asia School of Business (ASB)

1:00 PM

Breakfast Grille (REPEAT)

Fabrice Benard, Chief Executive Officer (CEO) of Generali Insurance Malaysia Berhad talks about the company and the insurance landscape in Malaysia.

2:05 PM

Discovery Hour

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

3:05 PM

Beyond the Ballot Box

Since the 90s India, like many countries, underwent a regressive shift in economic planning. Here’s what we can learn from them.

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Talkback Tuesday