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KUALA LUMPUR (July 10): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor would advance anywhere from RM100,000 to RM300,000 monthly to Umno, his former senior private secretary told the High Court yesterday.

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): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali gave an assurance the government’s plan to merge Felda settlers’ land will not affect their ownership.

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.

KUALA LUMPUR (July 9): A witness from the Ministry of Finance testified that he was asked to sign a letter on behalf of the ministry, ordering the Retirement Fund (Incorporated) (KWAP) to release a RM2 billion loan to SRC International Sdn Bhd months before a government guarantee was issued, as the company needed the funds urgently.

KUALA LUMPUR (July 8): The High Court has fixed July 31 for case mention of the government's civil forfeiture suit against OBYU Holdings Sdn Bhd to recover RM680 million worth of goods and property, during which the company would inform the court on its decision to challenge the gazette of the forfeiture notice.

KUALA LUMPUR (July 8): The Inland Revenue Board of Malaysia (IRB)'s special voluntary disclosure programme (SVDP) has as at June 23 this year induced 486,360 taxpayers to reveal their undeclared income to the government, according to the Ministry of Finance (MoF).

KUALA LUMPUR (July 8): The prosecution has argued that none of the money that were transferred from SRC International Sdn Bhd's bank account went into former managing director Nik Faisal Nik Ariff Kamil's bank account, despite the defence's assertions that witness Datuk Suboh Md Yassin's signatures on the bank transfer documents were forged by Nik Faisal.

KUALA LUMPUR (July 8): Malaysian banks' loan approval rate increased 13% in May this year from a month earlier after Bank Negara Malaysia (BNM) cut the overnight policy rate (OPR) by 25 basis points to 3% from 3.

KUALA LUMPUR (July 8): Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) trial involving the misappropriation of RM2.