Politik, Legislatif, Dasar dan Tadbir Urus

The Malaysian 1MDB scandal sparked the largest investigation in the history of the U.S. Department of Justice Kleptocracy Asset Recovery Initiative and has revealed serious problems with Malaysia’s anticorruption infrastructure. The DOJ has filed civil forfeiture claims for $1.7 billion in assets obtained with funds diverted from 1MDB, a sovereign wealth fund ostensibly intended to promote economic development in Malaysia. The money ended up in a stunning variety of locations around the globe. Nearly $700 million found its way into the Malaysian Prime Minister’s personal bank accounts . His stepson’s production company suddenly had the funds needed to back the Hollywood movie The Wolf of Wall Street. A financier with close ties to the government bought an Australian model jewels worth $8.1 million . Meanwhile, the Malaysian government insists there is nothing to see here. The newly-installed Malaysian Attorney General cleared Prime Minister Najib Razak of all wrongdoing and put a s...

By Thomas Iwing, GAB Since China’s anticorruption drive kicked off five years ago, it has had a tremendous impact on the country’s politics. The Central Commission for Discipline Inspection (CCDI), until recently led by President Xi Jinping’s close ally Wang Qishan, has targeted officials both high and low—so-called tigers and flies. According to the CCDI’s own data, more than 70,000 officials at or above the level of county head have been investigated, and close to two million officials have been punished in some way. The drive has also ensnared a few senior figures who, during their days of freedom, where among the most powerful men in China, including Zhou Yongkang and Bo Xilai . The CCDI’s power does not stop even at China’s borders: According to official statistics , by the end of August 2017, over three thousand fugitives had been repatriated from more than 90 countries. But the drive is now shifting gears. Last October, in his speech opening the Chinese Communist Party’s (CCP...

There’s an image that has come to be associated with millennials – that they are changing jobs every couple of years. This is said to look bad on a resume. It portrays a prospective employee as someone who can’t hold down a job or is unable to get along with colleagues; worst still, lacks loyalty and commitment. However, that stigma is changing, especially as millennials constantly rise in their workplaces and, in the process, learn and advance their careers. In fact, it has been seen that those who stay with the same company for several years tend to see lower pay growth than others who don’t. If we are to go by a Forbes report, staying employed at the same company for over two years on average is going to make you earn less over your lifetime by about 50% or more – an estimate that they claim is conservative. There are more studies to prove the same. A recent analysis from financial services company Nomura confirms what you’ve probably always suspected: Switching jobs will probably ...