BASF puts Shah Alam site up for sale

BASF (Malaysia) Sdn Bhd's industrial facility in Bukit Jelutong Business and Technology Centre in Shah Alam, Selangor is up for sale following a strategic evaluation of the 12-acre site.

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Reason for late reporting of tampering will be given later —PAC

KUALA LUMPUR (Dec 7): The Public Accounts Committee (PAC) will wait until the end of its inquiry to reveal the reason given by senior executives of the National Audit Department for waiting until the last month to publicly allege that the 1Malaysia Development Bhd’s (1MDB) final audit report was tampered.

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Jho Low charged over US$1b received by Good Star

KUALA LUMPUR (Dec 5): Their whereabouts may not be known, but Low Taek Jho (Jho Low) and four of his closest Malaysian associates were slapped in absentia with criminal breach of trust (CBT) and money laundering charges involving US$1.

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Sue 1MDB’s ex-bosses, auditors — DAP lawmaker

  KUALA LUMPUR (Dec 3): The new management of 1Malaysia Development Bhd (1MDB) can take a leaf from the multiple suits brought by plantation giant FGV Holdings Bhd against its former directors, a DAP lawmaker said, in order to recover the billions of ringgit siphoned off or stolen when the previous 1MDB bosses were in charge.

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