Former Bank Negara Malaysia deputy governor Arshad Ayub said that Malaysia is still a “success story” despite its various failures or scandals.

Though the Bumiputera Malaysia Finance (BMF), forex and 1MDB scandals are still on people’s minds, he said we must acknowledge that those who have led the country over the years have done well.

“In spite of all this (scandals), we must take off our hat to whom we must credit, those who ran the country over the years, we must be grateful to them...