(Sept 25): Datuk Seri Nazir Razak was an early and vocal critic of 1Malaysia Development Bhd (1MDB) and the opaque manner it was managed.

It is, therefore, sad that he is now a casualty of the 1MDB fallout, as the new government which came to power on the back of public anger over the financial scandal makes further leadership changes at government-linked companies (GLC).

CIMB announced yesterday that Nazir will step down as chairman of the bank on Dec 31. He started as a junior executive there 28 years ago.

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