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Deloitte fined RM2.2m over 1MDB scandal

RM2 million of the fine imposed is the maximum fine provided under Section 354(3)(b) of the CMSA. Deloitte was also slapped with another RM200,000 fine for not submitting a copy of financial statements to a trustee within the legally stipulated time.

Stamp duties waived for properties under HOC 2019

Finance Minister Lim Guan Eng said the stamp duty waivers are applicable for unsold properties that have been completed or under construction during the six month-HOC 2019 period from Jan 1, 2019 to June 30.

Daim urges government not to raise issues on ECRL too often

“Anything bilateral is very complicated because there are so many issues involved. When we deal with another country, it cannot go to the Press, it is very sensitive. So we have to sit down and do everything quietly.”