MP asks MIA about its probe of 1MDB’s auditor Deloitte

KUALA LUMPUR (Nov 22): Member of Parliament for Kepong Lim Lip Eng has asked the Malaysian Institute of Accountants (MIA) on the status of its investigation of Deloitte Malaysia over the latter’s handling of the audit of 1Malaysia Development Bhd (1MDB).

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Felda paid a hefty premium for assets, says Azmin

KUALA LUMPUR (Nov 22): The Federal Land Development Authority (Felda) had overpaid for some of its assets, forking out “much higher than market price” for acquisitions, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali.

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IPIC sues Goldman Sachs over 1MDB

KUALA LUMPUR (Nov 22): The International Petroleum Investment Co (IPIC) is suing Goldman Sachs Group Inc for playing a “central role” in the 1Malaysian Development Bhd (1MDB) scandal, which IPIC says caused it “significant financial exposure and losses”.

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Anti-graft system for high-risk depts

KUALA LUMPUR (Nov 22): In a world first, Malaysia will introduce the International Standards Organisation’s (ISO) anti-corruption certification system in all high-risk sectors of the government, Prime Minister Tun Dr Mahathir Mohamad announced yesterday.

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