News by TheEdgemarkets.com

“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.

This comes after three new locally transmitted Covid-19 clusters — Elsa in Pahang, PUI Al Khobar in Selangor and PUI Ramnad in Kuala Lumpur — were found to be due mainly to imported cases.

The number of new cases rose from nine yesterday, and is the highest since July 17 when 18 cases were reported.

It was reported that Dr Mahathir, along with his son and former Kedah menteri besar Datuk Seri Mukhriz Mahathir, former education minister Dr Maszlee Malik, Kubang Pasu member of Parliament (MP) Datuk Amiruddin Hamzah and Sri Gading MP Datuk Shaharuddin Md Salleh yesterday filed the suit.

Banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.

Communications and Multimedia Minister Datuk Saifuddin Abdullah said the ministry will uphold the principles of media freedom and individual freedom rights on social media sites.

The money was seized for being allegedly linked to the 1Malaysia Development Bhd (1MDB) fund scandal.

Last Feb 12, the Court of Appeal allowed Tengku Adnan's appeal for Mohd Nazlan to recuse himself from hearing the case and for the case to be transferred to another court, with the new judge to decide whether to start the case afresh or to continue from where Mohd Nazlan had left.

This follows Judicial Commissioner Datuk Ahmad Shahrir Mohd Salleh's ruling that the RM100,000 frozen in June 2018, six years and four months after the former minister received the money from the former prime minister, was mainly his pension.