EcoWorld, EWI shares leap after chairman's comment on likelihood of record earnings in FY19
KUALA LUMPUR (Dec 11): Eco World Development Group Bhd (EcoWorld)'s shares leaped as much 12.
Najib 'didn't know' where SRC funds went
KUALA LUMPUR (Dec 11): Former prime minister Datuk Seri Najib Razak today claimed he did not know how funds in SRC International Sdn Bhd were spent after the RM2 billion loan was disbursed by the Retirement Fund Inc (KWAP).
Decisions to seek initial RM3.95b KWAP loan made before SRC directors formally appointed
KUALA LUMPUR (Dec 11): The decisions regarding the initial loan application to Retirement Fund Incorporated (KWAP) amounting to RM3.
Najib insists its up to KWAP to give RM2b loan to SRC
KUALA LUMPUR (Dec 10): Datuk Seri Najib Abdul Razak maintained his position that despite his agreement to a suggestion that the Retirement Fund Incorporated (KWAP) extends a RM2 billion loan to SRC International Sdn Bhd, the decision still lies with KWAP's investment board on whether to approve or reject the loan.
AmBank Group says will 'vigorously oppose' Najib's suit
KUALA LUMPUR (Dec 10): AMMB Holdings Bhd (AmBank Group) and its subsidiary AmBank Islamic Bhd have appointed solicitors to fight the suit filed by former prime minister Datuk Seri Najib Abdul Razak, in relation to the handling of his current accounts with AmBank Islamic.
Najib files suit against Joanna Yu, AmBank with regard to AmBank accounts
KUALA LUMPUR (Dec 10): Datuk Seri Najib Abdul Razak has filed a suit against AmBank Islamic Bhd, AMMB Holdings Bhd and AmBank relationship manager Joanna Yu Ging Ping in relation to the accounts under the former premier's name, which were utilised for the purpose of diverting funds from SRC International Sdn Bhd.
Najib explains Rosmah's watch buy as making up for shortened holiday
KUALA LUMPUR (Dec 10): Former premier Datuk Seri Najib Abdul Razak today explained, on the witness stand at the High Court, that his close to a half million ringgit Chanel watch purchase for his wife Datin Seri Rosmah Mansor was for her birthday and as a means to make up for cutting short their family holiday in Honolulu in the United States.
Najib spent almost half a million ringgit on Rosmah's Chanel birthday watch
KUALA LUMPUR (Dec 9): Former prime minister Datuk Seri Najib Razak spent RM466,330.
Najib 'utterly shocked' Jho Low managed his accounts
KUALA LUMPUR (Dec 9): Former premier Datuk Seri Najib Abdul Razak said he was shocked to learn that fugitive financier Low Taek Jho — better known as Jho Low — was dealing with AmBank on the management of his personal accounts.
Najib says Azlin told him in 2014 King Abdullah will make more donations
KUALA LUMPUR (Dec 9): Former premier Datuk Seri Najib Abdul Razak told the High Court today that his principal private secretary, the late Datuk Azlin Alias, informed him in 2014 that he would receive further donations in foreign funds from Saudi Arabia's King Abdullah in addition to US$800 million purportedly gifted by the monarch in early 2013.
