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MALAYSIA

Defence contracts: Malaysian gold rush tentatively halted

Malaysia’s Prime Minister Mahathir Mohamad.
Malaysia’s Prime Minister Mahathir Mohamad. © Reuters
The defence sector is facing a new era in Malaysia under Prime Minister Mahathir Mohamad, who is looking to rein in defence spending. Foreign companies fear changes in deal-making channels. [...] (576 words)
Issue dated 31/07/2019 Reading time 3 minutes

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Corporate Intelligence

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FRANCE GERMANY MALAYSIA 31/08/2022

Naval Group and Rheinmetall contracts caught up in Malaysian anti-corruption audit 

Intelligence Online has seen the full audit report - not the redacted public version - on Naval Group's corvette sale programme to the Royal Malaysian Navy. The report focuses on financial dealings between the BNS shipyard and Germany's Rheinmetall Group, but a secret section looks at potential corrupt practices in ancillary contracts that followed the sale of submarines in 2002.

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