Why did the MoF remove Subang MP Wong Chen from MDV?

Question

## The Ministry of Finance has not provided an official reason for the removal of Subang MP Wong Chen as non-executive chairman of Malaysia Debt Ventures

Accepted Answer

The Ministry of Finance (MoF) terminated the tenure of Subang MP Wong Chen as the non-executive chairman of Malaysia Debt Ventures (MDV) effective May 31, 2026, without issuing a formal explanation or engaging in direct communication. Wong Chen received notification of the decision via a letter dated May 25, 2026, which arrived just days before his scheduled final board meeting. This abrupt dismissal concludes a three-year term during which the lawmaker oversaw a significant financial turnaround for the government-linked company.

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Why did the MoF remove Subang MP Wong Chen from MDV?

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