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The new prime minister says the pardon would open the door for Anwar to hold office again. Reuters' Praveen Menon is in Kuala Lumpur.>> Mahathir's announcement that he has immediately sought pardon for Anwar Ibrahim is very surprising. The history between Mahathir Mohammed and Anwwar Ibrahim has really defined Malaysian politics.
The feud has been going on for decades, until about two years ago when they shook hands and decided to fight this election against Najib.>> It's just the first item on the list from the 92 year old Mahathir, that he's pledged to tackle in his first 100 days.
Next stop will be a push to combat corruption, which he claims even affected this week's vote.>> It has badly affected the democratic process.>> The incumbent leader Najib Razak's Barisan Nasional coalition had held power for over 60 years since independence. But Najib's alleged connections to a billion dollar graft scandal at state fund 1 MDB had become a major factor in the election.
>> People were cheering on the streets. There was celebration everywhere. On social media, people have expressed the excitement and the thrill of being part of this movement.>> Mahathir also used his press conference to reassure financial markets. He would work to return the billions lost in the scandal and keep the country's economy stable.
Mahathir, who had been called the father of modern Malaysia in his previous 22 years a Prime Minister, said he'd announce a 10 member cabinet on Saturday.>>