Utusan's huge debt turns off potential investors
KUALA LUMPUR (Aug 20): Financially stressed Utusan Melayu (M) Bhd is facing an uphill task finding a white knight to salvage the newspaper group, with total debts of RM139.
KUALA LUMPUR (Aug 20): Financially stressed Utusan Melayu (M) Bhd is facing an uphill task finding a white knight to salvage the newspaper group, with total debts of RM139.
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.
KUALA LUMPUR (Aug 2): Datuk Seri Tengku Adnan Tengku Mansor's RM2 million political donation trial concluded today with High Court judge Mohamed Zaini Mazlan reserving judgment as the defence requested the prosecution to provide a list of witnesses interviewed by the Malaysian Anti-Corruption Commission (MACC) in its investigation.
KUALA LUMPUR (Aug 2): The Malaysian Anti-Corruption Commission (MACC) has rejected a settlement offer by one of the 41 respondents in its civil forfeiture suit to claim RM265.
KUALA LUMPUR (Aug 1): The government, through the Inland Revenue Board (IRB), is suing former Umno secretary-general Datuk Seri Tengku Adnan Tengku Mansor (pictured) to claim RM57.
KUALA LUMPUR (July 29): Umno is contesting the forfeiture suit filed against it by the Malaysian Anti-Corruption Commission (MACC) on funds allegedly siphoned from 1Malaysia Development Bhd (1MDB).
PETALING JAYA (June 21): The Umno deputy president, Datuk Seri Mohamad Hasan claimed the party’s money currently forfeited by the Malaysian Anti-Commission Corruption (MACC) is “clean party funds” that should be returned.
KUALA LUMPUR (March 25): Umno lawyer Datuk Mohd Hafarizam Harun, who is facing two counts of money laundering of RM15 million, today changed his bailor following the split up of his legal firm Hafarizam Wan & Aisha Mubarak (HWAM).
KUALA LUMPUR (March 22): The suit filed by Umno to reclaim RM116.
KUALA LUMPUR (March 21): Umno's bank accounts will continue to be frozen as the investigation on 1Malaysia Development Bhd (1MDB) scandal is still ongoing, according to Finance Minister Lim Guan Eng (PH-Bagan).