News by theedgemarkets.com

One block comprises 329 units of serviced apartments and 148 units of affordable serviced apartments, whereas the other block holds 488 units of serviced apartments.

In a statement today to clarify on the improved ECRL project, MRL said the improved deal for the 640-km ECRL project is rakyat-centric and driven by transparency and accountability.

Halijah verified a total of 16 transactions involving the above-mentioned parties over eight days — in July, August, December 2014, and January 2015.

 

Maybank KL Main branch assistant manager Halijah Abdul Wahab will today be cross-examined by Datuk Seri Najib Razak's lead counsel Tan Sri Muhammad Shafee Abdullah.

The banking group said its BR would drop 20 bps to 3.05% per annum from 3.25%, while its BLR would be revised to 6.7% per annum from 6.9%.

Rosmah is facing 17 charges under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

Ahmad Farhan that there is a provision in AMLA that does not permit warnings about suspicious transactions, so Najib would not have been alerted.

The forfeiture action is against assets said to be from funds illegally gained from 1MDB. 

Lim said the RM51 billion debt includes the amount of interest borne and loans from the Ministry of Finance (MoF) of RM8.6 billion that were used to repay 1MDB's debts to date.

Thomas said the first tranche of returned funds of US$57.04 million (RM233.7 million) was credited into the 1MDB asset recovery account, a segregated trust account opened specifically for this purpose.