KPKT mulling compensation for unhappy PR1MA homebuyers

PUTRAJAYA (NOV 7): Housing and Local Government Ministry's (KPKT) minister Zuraida Kamaruddin today met with over 60 owners of 1Malaysia People’s Housing Scheme (PR1MA) to discuss problems they face over PR1MA including discounts given to new PR1MA homebuyers.

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Najib’s defence argues PSI tried to trick him into expediting US$1b funding

KUALA LUMPUR (Nov 7): The defence in Datuk Seri Najib Abdul Razak’s 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial has argued that there may have been a conspiracy by PetroSaudi International Ltd (PSI) executives Tarek Obaid and Patrick Mahony to ensure that the former Prime Minister would expedite the release of US$1 billion to their company.

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Jho Low is not in Cyprus, says IGP

KUALA LUMPUR (Nov 6): Inspector-general of police Tan Sri Abdul Hamid Bador has rejected reports that the fugitive businessman Low Taek Jho aka Jho Low is “lying low” in Cyprus by allegedly using the island nation’s passport.

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Gadang eyes new Pan Borneo Sabah packages next year

KUALA LUMPUR (Nov 6): Gadang Holdings Bhd said it intends to participate in the open tender process for the three Pan Borneo Sabah packages — worth RM925 million — to be awarded next year, besides having submitted bids for some RM1 billion worth of construction jobs.

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