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  KUALA LUMPUR (July 10): Former Prime Minister Datuk Seri Najib Razak told former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah (pictured) to double the amount Retirement Fund Inc (KWAP) is loaning to SRC International Sdn Bhd to RM2 billion, said the latter in court today.

KUALA LUMPUR (July 10): Former Treasury Secretary-General Tan Sri Wan Abdul Aziz Wan Abdullah told the High Court today that he was directly instructed by former Prime Minister Datuk Seri Najib Razak to expedite the approval process for a second RM2 billion loan from the Retirement Fund Incorporated (KWAP) to SRC International Sdn Bhd.

  KUALA LUMPUR (July 10): The reduction in the cost of the East Coast Rail Link (ECRL) mega project is not due to downsizing.

KUALA LUMPUR (July 10): The court was told yesterday the Minister of Finance is the Minister of Finance Inc (MoF Inc), based on the Ministry of Finance (Incorporation) Act 1975 (Act 375), read by the 44th prosecution witness, former treasury deputy secretary-general Datuk Mat Noor Nawi.

  KUALA LUMPUR (July 10): Pensonic Holdings Bhd said it is selling its commercial property in Petaling Jaya, comprising a land plot with buildings, for RM19.

  KUALA LUMPUR (July 9): The decisions to grant SRC International Sdn Bhd two government guarantees and transfer its ownership to the Ministry of Finance (MoF) Inc to strengthen its applications to borrow a total RM4 billion from the Retirement Fund (Incorporated) (KWAP) were “top-down”, said witnesses formerly with the Ministry of Finance (MoF).

KUALA LUMPUR (July 9): Suspects in graft cases will no longer be required to wear the bright orange attire when they are brought to court.

KUALA LUMPUR (July 9): Syarikat Dhaya Maju LTAT Sdn Bhd — a 80:20 joint venture between privately-held construction company Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) and Lembaga Tabung Angkatan Tentera (LTAT) — has won back the second phase of the Klang Valley Double Track (KVDT2) rehabilitation contract, 10 months after it was terminated.

  KUALA LUMPUR (July 9): The East Coast Rail Link (ECRL) project may be re-launched on July 25, Transport Minister Anthony Loke said yesterday.

PUNCAK ALAM (July 9): The Bridge of Dreams at Eco World Development Group Bhd’s (EcoWorld) township Eco Grandeur in Puncak Alam, Selangor is now ready to welcome the township’s first residents.