BFM 89.9
The Business Station
Corporate Mafias Aren't The Big Risk, Bad Governance Is
27 mins·12:00, 20 Apr 2026
Corporate Mafias Aren't The Big Risk, Bad Governance Is
27 mins
·
12:00, 20 Apr 2026
·
Recommended
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24 mins
10 mins
Guest: Bikesh Lakhmichand, Founder and CEO, 1337 Ventures
Recent allegations of "corporate mafias" using enforcement agencies to pressure business owners into forced takeovers have sent a chill through the Malaysian business landscape. But has this fear bled into the startup and SME scene?
Bikesh Lakhmichand of 1337 Ventures isn't hitting the panic button just yet, but he argues that the real danger is complacency, specifically, the lack of basic governance that allows bad actors to make their move.
We explore the critical need for professionalised governance, from watertight shareholders' agreements to independent boards, as the ultimate shield for local success stories. From the persistent valuation gap to the "Made in Malaysia, Protected by Malaysia" rally cry, we discuss how to restore trust in a market where success should be celebrated, not hidden.
Presenter: Roshan Kanesan
Producer: Sandhya Menon
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