PM's control of 1MDB not unprecedented, says Shafee

KUALA LUMPUR (Oct 17): 1Malaysia Development Bhd's (1MDB) Article 117 in its memorandum and articles of association (M&A), which requires written approval from the prime minister before the fund can decide on a wide range of matters, was not the first provision in a government-linked company to be structured that way, according to lead defence counsel Tan Sri Muhammad Shafee Abdullah.

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RTS to proceed, but will take some time: PM

KUALA LUMPUR (Oct 17): Prime Minister Tun Dr Mahathir Mohamad confirms today that the government will proceed with the Johor Bahru-Singapore Rapid Transit System (RTS) project, but says “it will take some time”.

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