Malaysia’s political parties were given until Tue. to submit prime ministerial candidates, as the royal palace extended a deadline for opposition rivals Muhyiddin Yassin and Anwar Ibrahim to find more support after an election delivered a hung parliament.
The inconclusive result prolongs political instability in the Southeast Asian nation, which has had three prime ministers in as many years, and risks delays to policy decisions needed to galvanize an economic recovery.
King Al-Sultan Abdullah, plays a largely ceremonial role but has the power to appoint as prime minister a lawmaker he believes will command a majority. The incumbent Barisan Nasional alliance, led by the United Malays National Organization party — which had long been the dominant force in Malaysia — suffered its worst ever electoral performance, but could still end up playing a crucial role by throwing its support behind either of the leading candidates.
Massive corruption, mostly related to the looting of billions of dollars from sovereign fund 1Malaysia Development Bhd , for which former prime minister Najib Razak was jailed earlier this year, seriously wounded UMNO’s image.
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