马来西亚

Mahathir on US charm offensive to calm investors after state fund scandal

Mahathir Mohamad, Malaysia’s prime minister, is to meet international investors and manufacturers on a trip to the US this month in an effort to allay fears over corruption and attract investment to the south-east Asian nation.

The meetings will give Mr Mahathir a chance to reshape investors’ perception of Malaysia after $4.5bn allegedly went missing from 1MDB, the state investment fund set up by former prime minister Najib Razak.

Mr Mahathir, who launched an investigation into 1MDB after winning elections in May, is keen to convince western investors that he will “eradicate corruption, improve transparency, balance the books and have better governance”, a person close to the matter said.

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