Malaysian Prime Minister Mahathir Mohamad with Iranian President Hassan Rowhani (centre) at the 18th Non-Aligned Movement Summit in Azerbaijan. Photo: Iranian Presidency/DPA

Malaysia ‘bullied’ into closing Iranians’ bank accounts, Mahathir says

  • Banks in Malaysia are reportedly closing the accounts of Iranian individuals and companies in a sign that US sanctions are having far-reaching effects
  • The Malaysian PM said banks were ‘forced to do this, because if we don’t, they will close our banks abroad’, without naming who ‘they’ are
Topic |   Malaysia

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Malaysian Prime Minister Mahathir Mohamad with Iranian President Hassan Rowhani (centre) at the 18th Non-Aligned Movement Summit in Azerbaijan. Photo: Iranian Presidency/DPA
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Malaysian Prime Minister Mahathir Mohamad. Photo: Reuters

Mahathir fears Malaysia will be target of sanctions amid US-China trade war

  • The prime minister said Malaysia was ‘caught in the middle’ as proponents of free trade indulged in restrictive trade practices ‘on a grand scale’
  • He said the big powers should keep out weapons of war in the South China Sea as any tension would affect Asean’s success
Topic |   Mahathir Mohamad

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Malaysian Prime Minister Mahathir Mohamad. Photo: Reuters
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