Top Abu Dhabi executives implicated in 1MDB scam believed to have been convicted

KUALA LUMPUR (Feb 5): Were the two top executives of the Abu Dhabi wealth fund implicated in the 1MDB scandal convicted and jailed two days ago in the United Arab Emirates? According a Feb 3 news report by the Khaleej Times, the Abu Dhabi Criminal Court had sentenced a former senior management executive of a government-owned company and its chief executive officer (CEO) to 15 years in prison for money laundering.

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Auction property deals in www.EdgeProp.my

The Clover Homes @ Laman Semanggi, Semenyih, Selangor Reserve price: RM313,500 Property type: Double-storey terraced house Tenure: Leasehold Land area (sq ft): 1,765 Built-up (sq ft): 1,170 Bedroom/bathroom: 4/3 Click here to see more details Read also Foreclosure properties: It’s a buyer’s market Evolve from physical to virtual A step-by-step guide to buying auction properties Lexis Suite, Bayan Lepas, Penang Reserve price: RM552,000 Property type: Condominium with sea view Tenure: Freehold Built-up (sq ft): 968 Bedroom/bathroom: NA Click here to see more details Molek Pine 4, Johor Bahru, Johor Reserve price: RM627,000 Property type: Condominium Tenure: Freehold Built-up (sq ft): 1,700 Bedroom/bathroom:  3/3 Click here to see more details Mutiara Homes, Mutiara Damansara, Selangor Reserve price: RM2,952,000 Property type: Double-storey bungalow Tenure: Freehold Land area (sq ft): 5,995 Built-up (sq ft): NA Bedroom/bathroom: NA Click here to see more details Cahaya SPK (Cahaya Heights), Shah Alam, Selangor Reserve price: RM454,000 Property type: Three-storey terraced house Tenure: Leasehold Land area (sq ft): 1,421 Built-up (sq ft): NA Bedroom/bathroom: 5/5 Click here to see more details SouthKey Mosaic, Johor Bahru, Johor Reserve price: RM426,465 Property type: Condominium Tenure: Leasehold Built-up (sq ft): 1,074 Bedroom/bathroom: 2/2 Click here to see more details Vilaris, Batu Uban, Penang Reserve price: RM1,088,000 Property type: Three-storey terraced house Tenure: Freehold Land area (sq ft): 2,088 Built-up (sq ft): 3,736 Bedroom/bathroom: 4/5 Click here to see more details Taman Pelangi Indah, Ulu Tiram, Johor Reserve price: RM431,000 Property type: Double-storey terraced house Tenure: Freehold Land area (sq ft): 1,765 Built-up (sq ft): NA Bedroom/bathroom: NA Click here to see more details Interested in auction properties? Click here for more good deals.

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Nazir Razak weighs in on controversial book by former AG Tommy Thomas

KUALA LUMPUR (Feb 4): Former CIMB Bank Group Bhd chairman Datuk Seri Nazir Razak (pictured) said Tan Sri Tommy Thomas’ assertion that the May 13 riots were due to a coup by Tun Abdul Razak in the former Attorney-General (AG)’s book entitled ‘My Story: Justice in the Wilderness’ is “pure conjecture”.

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