Maybank revises base rate and base lending rate downwards after OPR cut
The banking group said its BR would drop 20 bps to 3.05% per annum from 3.25%, while its BLR would be revised to 6.7% per annum from 6.9%.
Bid for joint trial of Rosmah's money laundering, graft cases to be heard on May 24
Rosmah is facing 17 charges under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Examination doesn't mean investigation, says BNM officer in heated exchange with Najib's lawyer
Ahmad Farhan that there is a provision in AMLA that does not permit warnings about suspicious transactions, so Najib would not have been alerted.
US govt returned RM233.7m of 1MDB funds given to Red Granite, says AG
Thomas said the first tranche of returned funds of US$57.04 million (RM233.7 million) was credited into the 1MDB asset recovery account, a segregated trust account opened specifically for this purpose.
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KLCCP 1Q net profit up on-year, pays 8.8 sen dividend
Total group revenue was higher at RM353.45 million in the first quarter ended March 31, 2019 (1QFY19) versus RM345.11 million.
KWAP investment panel would've rejected SRC loan if it had the choice, says ex-officer
Amirul said he had recommended that the SRC loan be capped at RM1 billion, versus the initial requested amount of RM3.95 billion, in order to mitigate the repayment risk.
BNM cuts OPR to 3%, first revision in over a year
The central bank had kept the benchmark overnight policy rate (OPR) at 3.25% since Jan 25, 2018, when it raised the rate by 25 basis points.
Ex-Goldman banker pleads not guilty in 1MDB fraud case – report
Ng entered his plea in Brooklyn federal court on Monday, just hours after being flown back to the United States.
Malaysia sends ex-Goldman banker facing 1MDB charges to the US
An agreement was finally worked out between the US and Malaysian authorities last week.
'RM4b loan to SRC was the largest I've seen,' former KWAP officer tells court
"Throughout my experience in my service in KWAP, both of the loans to SRC amounting to RM4 billion was amongst the largest I have seen approved by KWAP," Amirul Imran told the High Court today.
