Wednesday, 5 August 2026 Malacca City
M Malay Time

The stories shaping Malaysia, in focus.

Topic

#governance-reform

17 stories tagged

New KWAN Law Plugs RM5 Billion Withdrawal Loophole

Parliament has passed legislation closing regulatory gaps that allowed a RM5 billion KWAN withdrawal in 2021. The new law requires parliamentary approval for all future fund withdrawals.

· · 4 min read