Archive for May 2nd, 2019
Najib SRC trial Malaysia pension fund paid $1.3b to 1MDB unit
Malaysia’s civil services pension fund paid a total of RM4 billion (S$1.3 billion) into the bank account of SRC International between 2011 and 2012, the Kuala Lumpur [...] » More
Despite large overhang, finance minister upbeat more Malaysian property will sell in 2019
Finance minister Lim Guan Eng is optimistic that more people will be buying Malaysian houses and commercial property this year. He noted that 2018 property market showed a [...] » More
Unhappiness with Pakatan’s war on graft reason for unpopularity, says Dr M
Prime minister Tun Dr Mahathir Mohamad today said civil service support for himself, and not just the Pakatan Harapan (PH) administration, has declined since the coalition [...] » More
Minister to Johor royalty: Stick to your given powers and respect the Constitution
If the Johor royalty wants respect and acceptance from the people, they must know their role as state ruler and not interfere in the country’s administration, Datuk [...] » More
Malaysia’s fresh produce traders cry foul over May 1 deadline for safety certification to export to Singapore
Malaysia’s exporters of vegetables and fruits are finding it difficult to meet a May 1 deadline imposed by the health ministry for safety certification before they can [...] » More
SRC trial: Najib didn’t lodge reports despite irregular signatures, massive transactions in personal accounts
Datuk Seri Najib Razak did not flag activities linked to his three AmBank accounts even after millions of ringgit moved in and out of these, the High Court heard as part of [...] » More
SRC trial: Najib’s fixer Habibul Rahman says RM2.5m cheque for BN’s political and intelligence efforts, not ‘defence contract’
A RM2.5 million cheque issued from Datuk Seri Najib Razak’s account purportedly for an unspecified defence contract in 2015 was used as reimbursement for Barisan [...] » More
Malaysia a fine example how a country can develop when properly run, says Polish envoy
Malaysia is a fine example of how a country can develop when it is properly administered, says Polish ambassador to Malaysia Krzysztof Debnicki. He said that Malaysia, once [...] » More
FT: Goldman chief says hasn’t discussed 1MDB settlement with US Justice Dept
Goldman Sachs has not negotiated a settlement with the US Justice Department (DoJ) over the investment bank’s role in the 1MDB global corruption scandal, its chief [...] » More
Dr M expects consent from Rulers on new chief justice this week
The Conference of Rulers is expected to give their approval to the candidate for chief justice by Saturday, prime minister Tun Dr Mahathir Mohamad said today. The [...] » More
Malaysia’s banking system capitalisation remains strongBank Negara
Malaysia’s financial institutions are well-positioned to withstand severe macroeconomic and financial shocks, with excess capital buffers of RM154 billion as at March [...] » More
Grab your thesaurus, Jho Low’s favourite yacht has a new name
The super-yacht at the centre of the 1MDB financial scandal, the floating monstrosity Jho Low once entertained Miranda Kerr in, has a new name, kids. Would you know it, but [...] » More
Malaysia’s royal houses should respect PM’s mandate to govern: Anwar Ibrahim
Senior statesman Anwar Ibrahim has commented on Malaysian prime minister Mahathir Mohamad’s ongoing war of words with the Johor royal family. Datuk Seri Anwar, who is [...] » More
Najib paid RM1m for 1Malaysia promo, event management boss tells court
An event management company, Solar Shine Sdn Bhd, was paid a RM1 million cheque by Datuk Seri Najib Razak in 2015 to promote the now-defunct 1Malaysia campaign nationwide to [...] » More
Unfazed by slide in approval, Dr M says still plenty of time to deliver ‘lots of things’
Prime minister Tun Dr Mahathir Mohamad said Pakatan Harapan (PH) still has years to address public dissatisfaction as indicated in a recent poll on his and the pact’s [...] » More
