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Think tank warns of power imbalance with Dr M in

Khazanah
Robin Augustin
| August 3, 2018

IDEAS says the prime minister's 'overwhelming' power might cause other board members to refrain from going
against him in crucial decisions.

Prime Minister Dr Mahathir Mohamad says it is his duty to put Khazanah Nasional back on track.
(Bernama pic)

PETALING JAYA: A think tank has expressed reservations about Prime Minister Dr Mahathir Mohamad being the
chairman of sovereign wealth fund Khazanah Nasional.

Speaking to FMT, Aira Azhari, coordinator of the Democracy and Governance Unit of the Institute for Democracy
and Economic Affairs (IDEAS) said the “overwhelming” power of the prime minister might cause other board
members to hold back from going against him in crucial decisions.

“There is an inherent power imbalance with the prime minister there. As an alternative, perhaps a civil servant such
as a representative from the Prime Minister’s Department can sit on the board.”

Mahathir yesterday defended his appointment as Khazanah chairman, saying it was his duty to put the sovereign
wealth fund back on track.