Jho Low denied knowing anything about Najib’s Ambank account
KUALA LUMPUR (March 3): Fugitive businessman Low Taek Jho (Jho Low) had in 2015 declared that he had nothing to do with former prime minister Datuk Seri Najib Abdul Razak’s bank accounts.
Jho Low associate claims unaware of RM32m recipient identity
KUALA LUMPUR (March 3): Former Putrajaya Perdana Bhd (PPB) group executive director Jerome Lee Tak Loong said he did not know who received two cash transfers totalling RM32 million paid from the company’s accounts in 2014.
Eric Tan claims he does not know beneficiary of US$681m ‘donation’
KUALA LUMPUR (March 3): Eric Tan Kim Loong, a confidante of Low Taek Jho (Jho Low), claimed he does not know who the recipients of the infamous US$681 million (RM2.
Zahid’s fixed deposit accounts raised millions but did not trigger bank’s red flags
KUALA LUMPUR (March 3): Cash deposits and subsequent proceeds raised from Datuk Seri Ahmad Zahid Hamidi’s fixed account amounting to millions of ringgit did not trigger any alarms as the transactions involved the account of his appointed law firm Messrs Lewis & Co.
Parliament to reconvene on May 18
KUALA LUMPUR (March 4): The first Parliament meeting for the year that was slated to begin on March 9 will now reconvene on May 18, said Speaker Tan Sri Mohamad Ariff Md Yusof.
MACC allowed for pre-prepared witness statement from Jho Low associate Eric Tan
KUALA LUMPUR (March 3): A Malaysian Anti-Corruption Commission (MACC) investigating officer testified in court today that during its 2015 probe into the 1Malaysia Development Bhd (1MDB) scandal, the commission accepted a pre-prepared witness statement from fugitive Eric Tan Kim Loong instead of questioning him.
MIDF offers financial relief to clients amid COVID-19 outbreak
KUALA LUMPUR (March 3): Malaysian Industrial Development Finance Bhd (MIDF) is offering financial relief to assist clients in dealing with the expected economic growth slowdown due to the COVID-19 outbreak.
Zahid dodges contempt proceedings after apologising for misleading court
KUALA LUMPUR (March 3): Umno president Datuk Seri Dr Ahmad Zahid Hamidi escaped contempt proceedings as the High Court here accepted his apology, which he made in open court, and ruled the possibility of a misunderstanding between the accused and his counsel.
Central Global secures construction job in Penang worth RM42m
KUALA LUMPUR (March 2): Central Global Bhd said today its 51%-owned subsidiary has secured a contract from Simbol Era Sdn Bhd worth RM42.
WCE begins toll collection at Section 5 of West Coast Expressway
KUALA LUMPUR (March 2): WCE Holdings Bhd says toll collection has started at Section 5 of the West Coast Expressway, operated by its 80%-owned unit West Coast Expressway Sdn Bhd.
