Consider This: GLC Reform — Who Really Controls Malaysia’s GLCs?

For decades, Malaysia’s GLCs—government-linked companies—have been central to the economy, controlling vast sectors from banking to telecommunications. But according to political economist Dr Edmund Terence Gomez, they are also at the heart of what he calls the Political-GLC complex—a deeply entrenched system that allows the ruling elite to use GLCs for political control, patronage, and grand corruption. Can the Political-GLC complex ever be dismantled? On this episode of #ConsiderThis Melisa Idris speaks with Dr Edmund Terence Gomez, Emeritus Professor of Political Economy at Universiti Malaya, and author of ‘Misgovernance: Grand Corruption in Malaysia’.