(Bloomberg) -- Malaysian taxpayers are funding a lavish ceremony today to enthrone a new king. In five years' time, they will do it again.
Whoever succeeds the latest ruler, Tuanku Mizan Zainal Abidin, will settle into a $117 million palace the government is building in Kuala Lumpur. Malaysia's nine royal families, all subsidized by the state, take turns providing a constitutional monarch every five years.
Read more at Bloomberg Exclusive News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment