Representations from three entities accepted by prosecution in MACC forfeiture case

KUALA LUMPUR (Aug 23): The High Court here has today been informed that the prosecution has accepted the representation from Yayasan Rahah, Naza Quest Sdn Bhd and Ibrahim Awang Ismail in a civil forfeiture suit filed by the Malaysian Anti-Corruption Commission against 41 entities to recover approximately RM270 million of funds allegedly sourced from 1Malaysia Development Bhd (1MDB).

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Jaya Grocer to be anchor tenant at The Tropika, Bukit Jalil

KUALA LUMPUR (Aug 21): Berjaya Land Bhd through its subsidiary Berjaya Golf Resort Bhd has entered into a lease agreement with Trendcell Sdn Bhd to operate a Jaya Grocer store with F&B outlets at the commercial portion of Berjaya Land's latest development The Tropika in Bukit Jalil, Kuala Lumpur.

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MACC unfreezes Arul Kanda's bank, CDS accounts

KUALA LUMPUR (Aug 21): The Malaysian Anti-Corruption Commission (MACC) has unfrozen all seven bank accounts and two Central Depository System (CDS) accounts belonging to former 1Malaysia Development Bhd (1MDB) president and chief executive officer Arul Kanda Kandasamy (pictured).

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