Equanimity auction receives bids from all over the world
KUALA LUMPUR (Nov 30): Bids from potential buyers from all over the world were received for the Equanimity which was previously owned by fugitive financier Low Taek Jho (Jho Low).
Sealed bids for Jho Low's Equanimity superyacht to be opened today
PETALING JAYA (Nov 29): Bidding for the US$250 million (RM1 billion) superyacht Equanimity once owned by fugitive financier Jho Low has closed yesterday.
US$600m reparations too little for Goldman’s ‘disgusting’ role — Anwar
KUALA LUMPUR (Nov 28): Parti Keadilan Rakyat’s (PKR) president Datuk Seri Anwar Ibrahim has reiterated that Goldman Sachs Group should be made to pay back more than the amount it received from the Malaysian government for facilitating bond sales for 1Malaysia Development Bhd (1MDB) due to its “disgusting” role in the matter.
‘You are like an ostrich burying its head in the sand’
KUALA LUMPUR: Finance Minister Lim Guan Eng lambasted opposition members of parliament (MPs) from Barisan Nasional (BN) yesterday for refusing to face the reality that 1Malaysia Development Bhd (1MDB) is a mega scandal, calling them “an ostrich burying its head in the sand”.
Bank Rakyat chairman Shukry sacked
KUALA LUMPUR (Nov 27): Tan Sri Shukry Mohd Salleh has been ousted as chairman of Bank Rakyat’s board with immediate effect, as he is allegedly involved in the tampering of the original audit report on 1Malaysia Development Bhd (1MDB) when he was the chief private secretary of former prime minister Datuk Seri Najib Razak.
PDRM will investigate 1MDB audit report tampering
KUALA LUMPUR (Nov 26): Police have launched an investigation into the alleged tampering of the Auditor-General’s 2016 report on the 1Malaysia Development Berhad (1MDB) scandal.
A-G confirms 1MDB report altered
KUALA LUMPUR (Nov 26): Auditor-General (A-G) Tan Sri Dr Madinah Mohamad has confirmed that the original audit report on 1Malaysia Development Bhd (1MDB) issued in 2016 by the National Audit Department had been altered, and that orders to tamper with the report first came from former prime minister Datuk Seri Najib Razak.
About 13,000 passengers affected by Firefly’s suspension of flights to S’pore
KUALA LUMPUR (Nov 23): Malaysia Airlines Bhd said about 13,000 booked passengers will be affected by the temporary suspension of FlyFirefly Sdn Bhd’s operations into Singapore from Dec 1, following the city state’s plans to move all turboprop flights from Changi Airport to Seletar Airport.
BN proposes 3% GST in alternative Budget 2019
KUALA LUMPUR (Nov 2): The Barisan Nasional (BN) opposition coalition has presented its alternative budget for 2019 with an expected government revenue of RM247.
Developers welcome affordable housing, but want lending rules relaxed
The government plans to announce a new national housing policy, and set up one entity to handle affordable housing, a move which has seen the property development sector grow more positive, though cautious.
