Malaysia’s Arm chip deal probe turns political as ex-aide says: ‘I am not Jho Low 2.0’

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Malaysia's anti-corruption investigation into a chip-design deal with Arm Holdings has become politically charged. A former government aide under investigation declared he is "not Jho Low 2.0," referencing the 1MDB scandal figure, as the anti-corruption agency refuted his claims. Allies of Prime Minister Anwar Ibrahim cautioned that the investigation could appear excessive. The deal, signed a year ago, involves Malaysia paying $250 million over 10 years for Arm's intellectual property and training 10,000 engineers to advance its semiconductor industry. This investigation threatens to undermine Malaysia's efforts to move up the global semiconductor value chain.
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This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).
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