Najib's defence allege Shahrol part of conspiracy to cheat 1MDB in GDF Suez deal
KUALA LUMPUR (Nov 5): The defence in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial today alleged that prosecution witness Datuk Shahrol Azral Ibrahim Halmi (pictured) helped to facilitate a scam to siphon money out of the defunct sovereign wealth fund.
Plaza Arkadia wins FIABCI Malaysia Property Award for Mixed-use Developments
PETALING JAYA (Nov 5): Perdana Parkcity Sdn Bhd (ParkCity)’s Plaza Arkadia has bagged the inaugural Mixed-use Development award at the FIABCI Malaysia Property Award 2019.
Judge who issued open verdict over Beng Hock's case to be charged with corruption
KUALA LUMPUR (Nov 5): The Sessions Court judge, Azmil Muntapha Abas, who had presided as a coroner in the highly-charged inquest into the death political aide Teoh Beng Hock 10 years ago, will face a corruption charge tomorrow.
BNM holds interest rates at 3%
KUALA LUMPUR (Nov 5): Bank Negara Malaysia (BNM) today left its key interest rate unchanged, as it expects the country's economic growth to come in within projections this year and the pace sustained going into 2020.
Genting Malaysia unit buys 13.2 million Empire shares from Kien Huat
KUALA LUMPUR (Nov 5): Genting Malaysia Bhd's wholly-owned subsidiary Genting (USA) Ltd (GenUSA) had on Monday (Nov 4) purchased 13.
Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol
KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).
Najib escapes further bail conditions, but judge 'won't tolerate attempts to mislead court'
KUALA LUMPUR (Nov 4): Datuk Seri Najib Razak (pictured) today avoided having further conditions imposed on his bail, after the prosecution questioned his presence in Johor last Friday.
Parcel quit rent should be calculated based on market conditions, say stakeholders
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.
Sri Ram's experience, expertise needed in 1MDB-Tanore case: AG
KUALA LUMPUR: Attorney-General (AG) Tan Sri Tommy Thomas said the 1Malaysia Development Bhd (1MDB)-Tanore trial requires the expertise of 76-year-old prosecutor Datuk Seri Gopal Sri Ram, a former Federal Court judge, as the case is a highly complex white collar crime case that calls for an all-round barrister to lead the prosecution exam.
