New judge to hear Riza Aziz’s 1MDB money laundering case
Justice Rozina decided to recuse herself from hearing the case as her brother Datuk Norazman Ayob, who is a 1MDB director, is also a potential witness in the case.
Justice Rozina decided to recuse herself from hearing the case as her brother Datuk Norazman Ayob, who is a 1MDB director, is also a potential witness in the case.
The revision comes at a time when it forecasts Genting Bhd’s near-term capital expenditure to peak in 2020.
He said his family company Tadmansori Holdings had strong fundamentals and has a paid-up capital of RM100 million today, from RM100,000 when it was founded back in 1984.
Their collective worth of US$79 billion (RM329 billion) was down 7% year-on-year.
Najib said this is due to support from Bersatu, Umno, PAS and GPS.
The relief measures include deferment of monthly repayment, rescheduling and restructuring of financing as well as extension of due date on revolving facilities.
"It is imperative that this political crisis with its uncertainties be brought to a closure as soon as possible."
It addresses the association’s two main concerns directly — to ease cash flow and financial burden as well as to drive tourism.
To assist businesses most adversely affected, the Government proposes for a period of 6 months beginning from April until September 2020:
Malaysia's stimulus package is anchored on three strategies namely mitigating impact of Covid-19, spurring rakyat centric economic growth and promoting quality investments.