Day 15 of Najib's SRC trial: ex-KWAP assistant VP to continue testimony
Today, KWAP former assistant vice-president Amirul Imran Ahmat continues his cross-examination.
US govt returned RM233.7m of 1MDB funds given to Red Granite, says AG
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.
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KLCCP 1Q net profit up on-year, pays 8.8 sen dividend
Total group revenue was higher at RM353.45 million in the first quarter ended March 31, 2019 (1QFY19) versus RM345.11 million.
KWAP investment panel would've rejected SRC loan if it had the choice, says ex-officer
Amirul said he had recommended that the SRC loan be capped at RM1 billion, versus the initial requested amount of RM3.95 billion, in order to mitigate the repayment risk.
BNM cuts OPR to 3%, first revision in over a year
The central bank had kept the benchmark overnight policy rate (OPR) at 3.25% since Jan 25, 2018, when it raised the rate by 25 basis points.
Ex-Goldman banker pleads not guilty in 1MDB fraud case – report
Ng entered his plea in Brooklyn federal court on Monday, just hours after being flown back to the United States.
Malaysia sends ex-Goldman banker facing 1MDB charges to the US
An agreement was finally worked out between the US and Malaysian authorities last week.
'RM4b loan to SRC was the largest I've seen,' former KWAP officer tells court
"Throughout my experience in my service in KWAP, both of the loans to SRC amounting to RM4 billion was amongst the largest I have seen approved by KWAP," Amirul Imran told the High Court today.
Najib supported SRC's request for RM3.95b loan from KWAP — letter
The approved loan was to be used for general investment "without limitations".
MRT3 still too costly at the moment — Dr M
"We don't have money, [so] we have to cut down on the construction, so we will have to take time..."
