KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).
KUALA LUMPUR (April 4): Malaysia will need an integrated property database that could serve as a launch pad for future policy direction and actions by both the government and private sector players.
KUALA LUMPUR (April 4): The highly anticipated trial of Datuk Seri Najib Razak involving the transfer of millions of funds from SRC International Sdn Bhd, a former 1Malaysia Development (1MDB) subsidiary, began at the High Court here yesterday, eight months after he was first charged.
KUALA LUMPUR (April 4): Datuk Seri Amrin Awaluddin, the current chief executive officer (CEO) of Sime Darby Property Bhd, is going to fill the group managing director’s (MD) position at Boustead Holdings Bhd, according to sources.
KUALA LUMPUR (April 4): The trial of Datuk Seri Najib Razak, the former prime minister and finance minister, is a demonstration that everyone is equal before the law, said Attorney-General Tommy Thomas in his opening statement.
KUALA LUMPUR (April 3): The government has not issued any instruction to open up “bumiputera-only” contracts to all races despite opting for open tenders and less bureaucracy in the procurement process, Finance Minister Lim Guan Eng reiterated.
KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.
PUTRAJAYA (April 3): The court yesterday fixed tomorrow to hear former prime minister Datuk Seri Najib Razak’s review application on the apex court’s decision to lift the stay on his SRC International Sdn Bhd trial.
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