The scheme, which will be rolled out from Jan 1 to Feb 29 next year, will entail giving RM30 to each Malaysian aged at least 18 years earning below RM100,000 per annum, which can be used to pay for goods and services through these selected providers.
This follows the withdrawal of Najib's application to challenge Naban's appointment by Najib's lawyer Muhammad Farhan Shafee, after Naban's letter of appointment was produced in court and shown to Najib's lawyers.
However, when asked again by appointed prosecutor Datuk V Sithambaram later, the former premier said he was not sure whether he signed it and wants the original meeting minutes to be produced to have it verified.
Najib told the court today he had next to no knowledge of the funds in his account when issuing cheques amounting to millions of ringgit.
It was previously reported that Najib's lead counsel Tan Sri Muhammad Shafee Abdullah wanted to call a handwriting expert from Australia to study the documents.
During a press conference yesterday, PNB group chairman Tan Sri Dr Zeti Akhtar Aziz said the disposal was part of the fund’s strategy to recycle its capital, which will allow it to reinvest in other assets to generate higher returns.
A directors’ circular resolution (DCR) from 1MDB’s board dated Oct 11, 2011 that bore the signatures of 1MDB directors Tan Sri Lodin Wok Kamaruddin, Tan Sri Ismee Ismail, Datuk Shahrol Azral Ibrahim Halmi, Tan Sri Ong Gim Huat and Ashvin Jethanand Valiram was attached with a special rights redeemable preference shareholder’s resolution in writing dated Sept 15, 2011 that bore Najib’s signature.
Najib said he would make the oath at the Kampung Baru mosque on Friday.
In releasing the list of 57 councils today (listed below), the Ministry of Human Resources (MoHR) said in a statement that the minimum wage would remain at RM1,100 a month in towns that are not considered as part of these councils.
He maintained that there is a need for a writing expert to verify the authenticity of the documents and the signatures.
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