News by theedgemarkets.com

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

 

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.

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.

Total group revenue was higher at RM353.45 million in the first quarter ended March 31, 2019 (1QFY19) versus RM345.11 million.

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.

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.

Ng entered his plea in Brooklyn federal court on Monday, just hours after being flown back to the United States.

An agreement was finally worked out between the US and Malaysian authorities last week.