Report: More retrenchments at Media Prima expected
PETALING JAYA (June 4): Media Prima Bhd is likely to conduct “its second retrenchment exercise which could affect some 300 staff members”, reported FMT yesterday.
Hotel closures, staff reduction, paycuts for Swiss Garden International
KUALA LUMPUR (June 4): More hotel closures seem to be the order of the day due to the Covid-19 pandemic and the latest casualties are three Swiss Garden International (SGI) hotels across the country, the New Straits Times (NST) reported today.
Hastiness in issuance of GG and KWAP loan raises suspicions, prosecution submits in Najib trial
KUALA LUMPUR (June 3): The hastiness in the issuance of the government guarantee (GG), and disbursement of funds, with regards to the RM4 billion loan taken by SRC International Sdn Bhd from the Retirement Fund Inc (KWAP) raises suspicions and points to power abuse, the High Court was told today.
PM ends self-quarantine today, will return to work tomorrow
KUALA LUMPUR (June 3): Prime Minister Tan Sri Muhyiddin Yassin (pictured) and all the other government officers who were involved in the post-Cabinet meeting on May 20 have ended their 14-day self-quarantine today and will return to work as normal tomorrow, according to Health Ministry director-general Datuk Dr Noor Hisham Abdullah.
Prosecution says no need to call SRC CFO to the stand as other witnesses had verified fund transfers
KUALA LUMPUR (June 3): The prosecution at the SRC International Sdn Bhd trial explained that they did not need to call SRC’s chief financial officer (CFO) See Yoke Peng as a witness to verify that she had approved the transfer of hundreds of millions of ringgit out of the company as other witnesses had already verified this fact.
Detention centre and Pedas clusters push new Covid-19 cases to 93
KUALA LUMPUR (June 3): The country today recorded 93 new Covid-19 cases, the highest in five days, Malaysiakini reported today.
Prosecution in SRC trial asserts Najib had absolute knowledge of RM42m in his accounts
KUALA LUMPUR (June 3): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial contended that the former prime minister had absolute knowledge of RM42 million from SRC which ended up in his accounts.
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Ho Hup to allocate substantial part of ECRL contracts to local vendors
KUALA LUMPUR (June 3): Ho Hup Construction Company Bhd, which won a combined RM102.
Najib did not check account as late secretary would have confirmed if there were enough: Defence
KUALA LUMPUR (June 3): The defence concluded its submissions on the three money laundering charges faced by Datuk Seri Najib Abdul Razak by saying that the former premier did not check the deposits in his accounts as he thought they were Saudi Arabian donations, and that his deceased senior private secretary would have confirmed if there were enough funds or not.
Police: Semi-EMCO in three Kuala Langat areas
KUALA LANGAT (June 3): Three neighbourhoods in this district have been placed under the Semi Enhanced Movement Control Order or SEMCO from yesterday, reported the New Straits Times (NST).
