Malaysiakini - Funding

Funding

In September 2012, Malaysiakini was admitted to receiving grants from National Endowment for Democracy and other organizations. Premesh Chandran, the CEO of Malaysiakini said that Malaysiakini is "transparent about such partnerships". The foreign grants "form a small part of Malaysiakini's budget". He also said that Malaysiakini is 70% owned by its co-founders and staff. He claimed that despite receiving grants from international donors, the editorial independence was not compromised. He said about the matter in a statement in response to media reports following controversy over funding provided by National Endowment for Democracy to human rights group such as SUARAM and a host of other organisations, including Malaysiakini.

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