Mahathir Mohamad, Malaysia's long-serving former prime minister, said on Monday he had resigned as an adviser to state-run oil company Petronas (PETR.UL), ending an almost decade-long tenure in the energy major that is Malaysia's only Fortune 500 company. The 88-year-old Mahathir told reporters he resigned, effective December 1, because doctors had advised him to "slow down". His departure, however, comes as relations with Prime Minister Najib Razak have grown strained in recent months, particularly over Najib's refusal to endorse Mahathir's son for an influential ruling party post. The Petronas board reports directly to the prime minister.
via Business News - Yahoo Finance http://finance.yahoo.com/news/former-malaysia-pm-mahathir-quits-085210146.html
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