News by Ahmad Naqib Idris

The agreement was supposed to be inked by both parties during the visit scheduled on Sept 28, 2009, said Shahrol.

The management of the company received notification that the MoF Inc would like to perform an audit or due diligence on 1MDB.

The witness said Mizan seemed angry and mentioned an “unsavoury character”, although Shahrol did not know who he was referring to.

The witness said this was because all big decisions, including those pertaining to investments, required the approval of Datuk Seri Najib Abdul Razak.

The deadline was about a month after TIA issued a letter outlining the key terms of the IMTN programme, dated April 26, 2009.

Although he did not specifically mention which projects were mentioned in the document, it is understood that it would refer to the China government-backed projects including the East Coast Rail Link (ECRL) project, and the Trans-Sabah Gas Pipeline and Multi-Product Pipeline projects.

Communications and Multimedia Minister Gobind Singh Deo said TNB’s pioneer broadband project in Jasin, Melaka, which was completed in January with the provision of high-speed broadband (HSBB) access to 1,100 homes, has produced results.

The interchange leads straight into the township's 372-acre commercial business district, where the sales gallery for the project is located.

Any developments approved by Selangor's local councils are required to prioritise the construction of affordable units.

Revenue fell 11% to RM47.26 million from RM52.98 million previously.