Yayasan Wilayah Persekutuan plans to exit from property-related ventures: Report
KUALA LUMPUR (Aug 10): Yayasan Wilayah Persekutuan (YWP) will move away from property-related ventures “once the jobs in hand are completed”.
High Court allows joint corruption trial for Ku Nan and Tan Eng Boon
KUALA LUMPUR (Aug 9): The High Court had today allowed the prosecution's application for the joint hearing of former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor (pictured) and Paragon Globe Bhd ex-chairman Datuk Tan Eng Boon's corruption trials, as the Criminal Procedural Code terms have been met.
Bung Moktar and Zizie's case to remain at Sessions Court
KUALA LUMPUR (Aug 9) The graft case against Kinabatangan MP, as well as former Felcra Bhd chairman Datuk Seri Bung Moktar Radin and his wife Datin Seri Zizie Izette A Samad, who are jointly charged with receiving RM2.
Riza Aziz RM1.18b money laundering trial tentatively set for January 2020
KUALA LUMPUR (Aug 9): The trial for Riza Shahriz Abdul Aziz (pictured), stepson of Datuk Seri Najib Razak, entailing five charges of money laundering amounting to US$248.
Sunway REIT 4Q NPI up 11%, declares 2.28 sen DPU
KUALA LUMPUR (Aug 9): Boosted by new income contribution from newly acquired Sunway university and college campus, as well as higher retail contribution, Sunway Real Estate Investment Trust (REIT) posted an 11% rise in net property income (NPI) to RM111.
SRC trial: 1MDB did not follow my rationalisation plan, says Husni
KUALA LUMPUR (Aug 8): The parties tasked to implement the debt rationalisation plan of 1Malaysia Development Bhd (1MDB) did not follow the original plan, former second finance minister Datuk Seri Ahmad Husni Hanadzlah (pictured) told the High Court today.
Shafee: Ex-minister who received threat message from Husni may be asked to testify
KUALA LUMPUR (Aug 8): Lawyer Tan Sri Muhammad Shafee Abdullah (pictured) is not discounting the possibility of calling up a former cabinet minister, who received a message from Datuk Seri Ahmad Husni Hanadzlah threatening to spill the beans on 1MDB, as a witness in the SRC International Sdn Bhd trial of Datuk Seri Najib Razak.
Husni: Najib's aide told me ex-PM had arranged for blogger Raja Petra to attack me
KUALA LUMPUR (Aug 8): Datuk Seri Ahmad Husni Hanadzlah shed some light today over why he resigned from his posts in Umno and Barisan Nasional (BN), after resigning from his position as second finance minister in June 2016.
Banyan Tree launches Skypark, Phuket project in Singapore
SINGAPORE (Aug 8): International hotel operator and developer Banyan Tree Holdings will launch its 42nd project in Phuket, named Skypark, in Singapore on Aug 17 to 18.
Najib-SRC trial : Ex-second finance minister says he 'wanted to cover the prime minister'
KUALA LUMPUR (Aug 8): Datuk Seri Ahmad Husni Hanadzlah told the High Court here today that he did not tell the complete truth on his resignation as second finance minister in June 2016 because he wanted "to cover" the then prime minister (PM) Datuk Seri Najib Razak amid concerns on how 1Malaysia Development Bhd (1MDB) and former 1MDB subsidiary SRC International Sdn Bhd were managed.
