Should GLC CEO salaries be publicly disclosed in Malaysia?

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Public Disclosure of Government-Linked Company CEO Salaries in Malaysia

DAP adviser Lim Kit Siang has called for the salaries and remuneration of government-linked company (GLC) heads to be made public in Malaysia. This demand arises from the recent disclosure that the executive chairman of the Malaysian Aviation Commission (Mavcom), Gen (R) Tan Sri Abdullah Ahmad, receives a monthly salary of RM85,000. Lim asserts that the Malaysian public has a right to know the extent of compensation for leaders within GLCs, particularly concerning those earning substantial incomes.
Remuneration of Mavcom Executive Chairman Revealed

Transport Minister Anthony Loke disclosed that the monthly salary of Mavcom executive chairman Gen (R) Tan Sri Abdullah Ahmad amounts to RM85,000. Loke further stated that this salary is funded by revenue collected from flight passengers and is four times the Prime Minister's earnings. This specific figure has become a focal point for the broader discussion on executive compensation within GLCs.
Concerns Regarding Political Appointments and GLC Structure

Lim Kit Siang also raised questions about the prevalence of political appointees among GLC leadership, particularly those appointed by the previous Barisan Nasional administration. He sought clarification on the total number of GLCs operating at federal and state levels and the number of these political appointees who have resigned since the change in government on May 9, 2018. These inquiries highlight concerns about governance and the potential for patronage within the GLC framework.
Calls for Review and Potential Structural Reforms

In response to these revelations and concerns, the government has announced that it will review the salaries of all statutory bodies and GLC chairmen, as directed by Tun Dr Mahathir Mohamad. Lim Kit Siang further posited whether GLCs should continue to exist in their current form or if structural and institutional reforms are necessary to abolish them. This suggests a broader debate is emerging regarding the necessity and efficiency of the GLC model itself.

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Should GLC CEO salaries be publicly disclosed in Malaysia?

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