Malaysia investigates state pension’s failed eFishery investment

Malaysia’s anti-corruption agency has opened an investigation into losses tied to state pension fund Kumpulan Wang Persaraan Diperbadankan’s investment in failed Indonesian agritech start-up eFishery. A team was formed on Friday to “study and examine the issue thoroughly,” Malaysian Anti-Corruption Commission Chief Commissioner Abdul Halim Aman said in a statement on Saturday. “The investigation will be conducted fairly, transparently and impartially based on existing legal provisions,” Abdul...

By Bloomberg