Suspected 1MDB-related money laundering in China projects that ‘smelt like a scam’
PETALING JAYA (July 18): A new front into the 1MDB inquiries has opened up.
PETALING JAYA (July 18): A new front into the 1MDB inquiries has opened up.
PETALING JAYA (July 18): Alternative housing Razak Mas 2 needs to be completed as soon as possible, said residents of Seri Labuan PPR.
KUALA LUMPUR (July 18): Kumpulan Perangsang Selangor Bhd's (KPS) indirect wholly-owned subsidiary CPI (Penang) Sdn Bhd is buying a 4.
KUALA LUMPUR (July 17): The 150 families who have not been allowed to move to the Seri Aman PPR flats have either not settled their outstanding rental and utility bills while living in the Jinjang Utara longhouse or have problems in their paperwork and loan application, reported The Star today.
PETALING JAYA (July 17): Sabah infrastructure development minister Datuk Peter Anthony said in a statement that up to RM1 billion could be saved if the project was managed by the Works Ministry and State Infrastructure Development Ministry.
KUALA LUMPUR (July 17): Synergy Promenade Sdn Bhd (SPSB) is suing an ex-deputy minister in the Prime Minister’s department for RM100 million over defamatory statements made about the Kuala Lumpur Vertical City (KLVC) and land owned by Felda on Jalan Semarak, reported The Malaysian Insight news portal today.
KUALA LUMPUR (July 17): The light rail transit Line 3 (LRT3) project is a mini 1Malaysia Development Bhd (1MDB) scandal due to the opaque nature of the transactions pertaining to the megaproject, said Finance Minister Lim Guan Eng.
SINGAPORE (July 17): Datapulse Technology yesterday said it has entered into a non-binding letter of intent with ICP Ltd to acquire MHI MY 1 Pte Ltd, a joint-venture company with an issued and paid-up share capital of S$1,500 (RM4,439.
KUALA LUMPUR (July 16): The Ministry of Transport (MoT) today sought to alleviate concerns over the "rigorous cost rationalisation" of the Light Rail Transit Line 3 (LRT3) project, saying the move would lead to higher operational viability and lower ticket fares.