About this episode

The episode discusses KWAP's investment loss in eFishery due to inflated financial records and the implications for public investment governance.

KWAP was one of several  investors deceived by eFishery, an Indonesian start-up that was found to have inflated their financial records. KWAP lost its investment of RM163.4 million and is now being investigated by the MACC. Where's the line between acceptable investment risk and unacceptable governance failure in public investment institutions? Independent business writer P. Gunasegaram weighs in.  Image Credit: Shutterstock See omnystudio.com/listener for privacy information.

People in this episode

Guest: P. Gunasegaram

Topics covered

• investment risk
• governance failure
• public investment institutions
• financial records
• start-up deception

Keywords

• KWAP
• eFishery
• investment loss
• financial records
• MACC
• governance
• public investment

Mentioned in this episode

Organizations: KWAP, eFishery, MACC

Places: Indonesia

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