Heed SC, stop appointing politicians to GLC boards, govt told

[superadmin]

PETALING JAYA: Putrajaya has been urged to follow through with the Securities Commission Malaysia’s (SC) recommendations on corporate governance.

Speaking to FMT, two economists and the head of a prominent think tank commended the SC’s update of the Malaysian Code on Corporate Governance (MCCG).

In its update, the SC noted that all active politicians should not be appointed to the boards of listed companies.

Economist Edmund Terence Gomez said the government should heed the SC’s recommendations as they were acting in the interest of the people and the economy.


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