Archive for May 8th, 2019

New CJ credits meteoric rise to God’s will, pledges to continue predecessor’s reform agenda

08-May-2019 Intellasia | Malay Mail | 6:00 AM

With her petite-build and soft-spoken demeanour, one might not fathom that Datuk Tengku Maimun Tuan Mat is the Chief Justice of a country. But the 59-year old has enjoyed a [...]
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US returns $57m in 1MDB Hollywood money to Malaysia

08-May-2019 Intellasia | AFP | 6:00 AM

Millions of dollars forfeited by the company behind the Leonardo DiCaprio film “Wolf of Wall Street” have been sent to a Malaysian account set up to recover money [...]
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SRC trial: Bank officer confirms RM42m from Ihsan Perdana deposited into Najib’s account

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Yayasan 1Malaysia Development Berhad’s corporate social responsibility programmes provider, Ihsan Perdana Sdn Bhd, transferred RM42 million into the personal accounts [...]
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Dr M claims Jho Low already swiped most of 1MDB money

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Tun Dr Mahathir Mohamad today accused fugitive billionaire Low Taek Jho of absconding with most of the money from sovereign investment fund 1Malaysia Development Bhd (1MDB). [...]
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First female CJ says gender immaterial when performing duties

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Tengku Maimun Tuan Mat today said she did not feel under pressure just because she is Malaysia’s first female Chief Justice. Rather, the Kelantan native said the only [...]
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SRC trial: Najib signed federal guarantee for KWAP’s second RM2b loan to ex-1MDB unit

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Datuk Seri Najib Razak personally signed off on a government guarantee for SRC International Sdn Bhd’s second loan of RM2 billion from the Retirement Fund Incorporated [...]
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Ahead of Pakatan’s first year, PM insists no Cabinet reshuffle

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Tun Dr Mahathir Mohamad reiterated in strong terms today that he will not reshuffle his Cabinet, even after one year of Pakatan Harapan’s (PH) administration. In a [...]
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Dr M: Matriculation was ‘back door’ for Malays, now others want in too

08-May-2019 Intellasia | Malay Mail | 6:00 AM

The matriculation programme was intended to help low-performing Malays enter local public universities, Tun Dr Mahathir Mohamad admitted today. However, he added that clamour [...]
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Dr M says TMJ shouldn’t talk when he doesn’t know anything

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Johor crown prince Tunku Ismail Ibrahim is a “little boy” and should not talk publicly about matters when he may not have full knowledge about them, Tun Dr [...]
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One year on, Dr M rates own Cabinet ‘five out of 10′

08-May-2019 Intellasia | Malay Mail | 6:00 AM

Tun Dr Mahathir Mohamad has harshly scored the maiden Pakatan Harapan (PH) Cabinet merely five out of 10, citing inexperience and fear of making a wrong move. The prime [...]
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Hemmed in by budget and Arab carriers, PM says Malaysia Airlines struggling to soar

08-May-2019 Intellasia | Malay Mail | 6:00 AM

It is difficult for flag carrier Malaysia Airlines Bhd (MAB) to find its foothold in a market dominated by low-cost carriers on one end and the luxury offered by carriers [...]
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Malaysia central bank cuts key rate by 25 bps to 3.00 pct

08-May-2019 Intellasia | Reuters | 6:00 AM

Malaysia’s central bank slashed its key interest rate by 25 basis points to 3.00 percent on Tuesday, the first cut in nearly three years, to help the economy cope with [...]
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For most industries, frustration marks first year of Pakatan rule

08-May-2019 Intellasia | Malay Mail | 6:00 AM

It has been a long and frustrating year for industry executives. Businesses say they are still reeling 12 months after Pakatan Harapan took power, and are unable to inject [...]
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Ex-Goldman Sachs banker Ng pleads not guilty to 1MDB charges

Ex-Goldman Sachs banker Ng pleads not guilty to 1MDB charges

08-May-2019 Intellasia | Reuters | 6:00 AM

Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in [...]
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Finance minister urges Securities Commission to study CEO-worker pay disparity at profitable firms

08-May-2019 Intellasia | AFP | 6:00 AM

Finance minister Lim Guan Eng has called upon the Securities Commission (SC) to look into fairer compensation for employees in well-performing companies for its Corporate [...]
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