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business Scmp World 2026-05-04

Malaysia's Rafizi Ramli Questioned Over US$278 Million ARM Chip Deal

Malaysia's anti-corruption agency is investigating former economy minister Rafizi Ramli regarding a significant semiconductor deal with British chip designer Arm Holdings. The inquiry involves a billion-ringgit transaction and has implicated several ministers and senior officials, including a former close ally of Prime Minister Anwar Ibrahim.

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