MACC grills 20 DBKL officers over River of Life involvement – report
PETALING JAYA (Feb 2): The Malaysian Anti-Corruption Commission (MACC) has questioned 20 Dewan Bandaraya Kuala Lumpur (DBKL) officers over their involvement the RM4.
Deloitte fined RM2.2m over 1MDB scandal
KUALA LUMPUR (Feb 1): In the first case of an audit firm being penalised in connection with the 1Malaysia Development Bhd (1MDB) scandal, the Securities Commission Malaysia (SC) yesterday fined Deloitte PLT RM2 million for failing to discharge its statutory obligations, including not immediately reporting irregularities.
Malaysia lets Goldman decide how much to pay
KUALA LUMPUR (Feb 1): The Malaysian government will let Goldman Sachs Group Inc decide how much to pay of the US$7.
The Edge chairman gifts 1MDB whistle-blower Justo US$2 million
(Jan 31): The Edge Media Group chairman Datuk Tong Kooi Ong has gifted whistle-blower Xavier Andre Justo RM8.
BCorp to acquire 4.61% of Berjaya Land for RM87m
KUALA LUMPUR (Jan 31): Berjaya Corp Bhd (BCorp) and its wholly-owned subsidiary Juara Sejati Sdn Bhd have entered into an agreement with Penta Master Fund Ltd, PCM Industrial LP and Penta Asia Long/Short Fund Ltd to acquire 4.
Ark Resources to develop 90-acre land in Balik Pulau
KUALA LUMPUR (Jan 31): Ark Resources Holdings Bhd has entered into a joint venture agreement to develop a piece of land in Balik Pulau, Penang.
Guan Eng: Putrajaya expects to recover a 'small amount' of 1MDB stolen funds this year
PUTRAJAYA (Jan 30): The Malaysian government expects to be able to recover the first tranche of funds that have been stolen through 1Malaysia Development Bhd (1MDB) within this year, according to Finance Minister Lim Guan Eng (pictured).
WATCH: With RM81bn ECRL at risk, China tries to tug M'sia's heartstrings with song
PETALING JAYA (Jan 30): The Chinese Embassy in Kuala Lumpur has released a music video titled "Bahu Kiri" on its Facebook page to commemorate 45 years of China-Malaysia diplomatic ties.
HBA: Rent out the affordably priced unsold properties if they can’t sell
PETALING JAYA (Jan 30): The National House Buyers’ Association (HBA) has come up with a suggestion to fix the overhang problem of residential properties in the affordable pricing range: rent them out.
New anti-graft plan after slew of scandals
PUTRAJAYA (Jan 30): Amid the slew of financial scandals seen since the change in regime last year, such as the ones involving 1Malaysia Development Bhd, Lembaga Tabung Haji and the Federal Land Development Authority, the Pakatan Harapan government yesterday launched a five-year action plan to stem similar misdeeds in the future.
