Malaysia shuts tech campus linked to Indian-American CEO
Malaysian authorities shut down a tech campus founded by Indian-American CEO Balaji Srinivasan in Forest City, citing licensing violations and separate passport-related investigations.
The short version
Malaysian authorities ordered the closure of a tech campus in Forest City, Johor, linked to Indian-American CEO Balaji Srinivasan. The shutdown follows licensing irregularities and an investigation into alleged use of Israeli passports on campus.
Malaysian authorities ordered the closure of a tech campus in Forest City, Johor, citing licensing irregularities.2 The campus was linked to Indian-American CEO Balaji Srinivasan, who had relocated from Silicon Valley to establish the Network School.2 The Network School operated inside Forest City, a $100 billion Chinese-built development in Malaysia's Johor state.2
Authorities also cited a separate investigation into the alleged use of Israeli passports on campus as a reason for the shutdown.2 The campus had operated for two years and housed hundreds of residents before the closure order.2 Malaysian police last week uncovered two alleged online scam syndicates operating across 32 luxury homes in Forest City.1
The raids raised questions about whether governance in Forest City is keeping pace with Malaysia's efforts to revive the project as a hub for global wealth and mobile talent.1 Forest City is a waterfront development project located beside Singapore, backed by Chinese investment.1
Why it matters
Forest City is a $100 billion Chinese-backed development in Johor, Malaysia, designed as a high-tech urban center to attract global talent and investment.2
Balaji Srinivasan is an Indian-American tech entrepreneur and former chief technology officer of Coinbase who relocated to Malaysia to establish the Network School.2
This account was written from the 2 reports listed below, filed by 2 independent outlets, and checked against them line by line. It is not a copy of any one of them. Spotted an error? Tell us.
Discussion
0Comments are screened automatically. Disagreement is fine; abuse and spam are not.
Loading…
Related
Man gets life for 2023 hate crime stabbing on LA bus
A Los Angeles judge sentenced a man to life in prison plus seven years for stabbing another passenger on a Metro bus in 2023, calling it a hate crime.
76ers' Embiid 'extra motivated' with LeBron, Brown added
Joel Embiid says he is healthy and motivated as the Philadelphia 76ers integrate LeBron James and Jaylen Brown into a revamped roster.
US, Iran, Oman near Hormuz deal to resume shipping
A 60-day agreement to reopen the Strait of Hormuz without tolls is under final review, with US and Iranian officials indicating a deal could be announced within days.
Buccaneers rule out Vita Vea trade after rumors
Tampa Bay Buccaneers general manager Jason Licht said Thursday there are no plans to trade Pro Bowl defensive tackle Vita Vea.