Property Management: Ask the experts — Management corporations

  Q: Management Corporation or Joint Management Body to set up a company to manage finances? Who is ultimately responsible for the funds? Under the Strata Management Act 2013 (SMA), the Management Corporation’s (MC) and the Joint Management Body’s (JMB) ultimate function is to properly maintain and manage the subdivided building or land, and the common property.

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'Ku Nan sought up to RM6m for by-election, got RM2m'

KUALA LUMPUR (July 3): The first graft trial of former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor started yesterday with the prosecution promising to adduce evidence showing he had sought up to RM6 million from a property developer for by-election funds.

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