News by theedgemarkets.com

In relation to RM42 million belonging to SRC International Sdn Bhd

Clad in a light brown suit, Najib was welcomed by some 300 supporters chanting “Hidup Bossku” as he walked into the court complex. The supporters were seen arriving at the court area since 6am this morning, in 20 buses. Heavy presence of police were also here to control the crowd.

It expects the incentives to stimulate buying interest and support new property sales.

“I want justice. I want to clean my name,” he said.

In a filing ysesterday, Parkson said Parkson Haipong and the buyer, Thuy Dong Construction & Trading Joint Stock Co, took into account the market valuation of US$9.5 million on the property in arriving at the US$10 million (S$13.1 million) purchase consideration.

Health director-general Datuk Dr Noor Hisham Abdullah said such screenings can help prevent the spread of Covid-19 infections in flights.

Responding to a question on costs borne by banks due to the moratorium and further assistance in the event there is a second lockdown, Tengku Zafrul said banks face losses of approximately RM1.06 billion per month based on Malaysian Financial Reporting Standards (MFRS) 9.

Number of active cases at 173

“Pakatan Harapan stressed that all main characters in the 1MDB ‘scam’ case must be tried in court including individuals named by the United States Department of Justice as ‘MO1’, Low Taek Jho (Jho Low), who are still not arrested. They cannot be allowed to go free.”

It is understood to be the biggest settlement for Malaysia, and possibly also the largest payout by the international investment bank.