‘Ku Nan sometimes loaned over RM300,000 a month to Umno’

Datuk Mohd Rahimi Rejab, 46, testified that Tengku Adnan, on many occasions, used his own money to advance funds for the party’s expenses, including the Sungai Besar, Selangor and Kuala Kangsar, Perak by-elections in June 2016. However, the 10th prosecution witness said he was unsure about the source of the cash advances.

Pensonic sells PJ property for RM19.5m

The property comprises a 43,560 sq ft leasehold land, together with a four-storey building and a three-storey annex with built-up floor area measuring 67,035 sq ft.

MoF witnesses: ‘Top-down’ decisions made on SRC govt guarantees, ownership change

Datuk Maliami Hamad, who was the ministry’s secretary (management, loan, capital market and actuarial) before he retired, said he was instructed by his superior, MoF’s secretary-general Tan Sri Wan Abdul Aziz Wan Abdullah, to process the former 1Malaysia Development Bhd (1MDB) subsidiary’s government guarantee application, after receiving instruction from “top people” during cross-examination by lead defence counsel Tan Sri Shafee Abdullah.

BNM maintains OPR at 3% as growth projection subject to downside risk

"The Malaysian economy grew within expectations in the first quarter of the year, supported by both domestic and external factors. Looking ahead, while the external sector performance is likely to be weighed down by slower global growth and trade tensions, economic growth will be supported by domestic demand."