News about la

KUALA LUMPUR (July 28): Judge Mohd Nazlan Mohd Ghazali has disallowed an application from former prime minister Datuk Seri Najib Razak to postpone his conviction mitigation to next week.

KUALA LUMPUR (July 28): Former premier Datuk Seri Najib Razak (pictured) has today been found guilty by the High Court here of abuse of power in relation to RM42 million belonging to SRC International Sdn Bhd.

KUALA LUMPUR (July 28): The Ministry of Health (MoH) will discuss with airline companies whether to conduct Covid-19 screenings on passengers who transit through Malaysia.

KUALA LUMPUR (July 27): Property developer SC Estate Builder Bhd said its wholly-owned unit SC Estate Industries Sdn Bhd had agreed to accept 21 pieces of freehold land with buildings as settlement of a RM2.

KUALA LUMPUR (July 27): Integrated industrial space solution provider AME Elite Consortium Bhd intends to invest RM25 million in capital expenditure (capex) to build two new blocks of i-Stay@Indahpura workers’ dormitories to support the requirements of customers in its i-Park@Indahpura industrial park in Kulai, Johor.

KUALA LUMPUR (July 27): Three subsidiaries under UEM Group Berhad, namely PLUS Malaysia Berhad (PLUS), UEM Edgenta Berhad and UEM Sunrise Berhad have unified the process of their Procurement, Finance and Human Resource (HR) divisions and operations in Malaysia through the adoption of cloud computing service.

The case of SRC funds totalling RM42 million Total number of charges: 7 3 counts of criminal breach of trust Offence: Section 409 of the  Penal Code Penalty: Maximum 20 years’ jail + whipping + a fine 1 count of abuse of power Offence: Section 23(1) of MACC Act 2009 (punishable under Section 24 of the same act) Penalty: Maximum 20 years’ jail + a fine of not less than five times the amount of the bribe, or RM10,000, whichever is higher 3 counts of money laundering Offence:  Section 4(1)(b) of AMLATFPUAA 2001 Penalty: Maximum 15 years’ jail + a fine of RM5 million, or five times the amount, whichever is higher, for each charge ALL eyes will be on the Kuala Lumpur High Court (Criminal 3) on Tuesday, when former prime minister Datuk Seri Najib Razak learns whether he will be acquitted of all seven charges against him in relation to RM42 million belonging to SRC International Sdn Bhd or whether the court will find him guilty of several, if not all, of the charges.

KUALA LUMPUR (July 24): The Ministry of Finance has announced that Goldman Sachs has agreed to pay a record US$3.

KUALA LUMPUR (July 24): Health director-general Datuk Dr Noor Hisham Abdullah has urged returnees from abroad who are placed under the Home Surveillance Order (HSO) to follow the rules as set in the Covid-19 management guidelines.

KUALA LUMPUR (July 24): Bank Negara Malaysia (BNM) has told analysts that upon expiry of the loan repayment moratorium by end-September 2020, banks in the country will not extend the scheme but will continue to offer targeted financial assistance in the form of restructuring and rescheduling (R&R) to borrowers who continue to face repayment issues.