News by M

Testifying in his defence, Najib said there were instances where he wrote ‘bersetuju” (agree) but the officers did not support his decision.

Verokey and Tower Ray inked a non-binding heads of terms agreement today with Hero Inc Ltd, Staycity Ltd and BSW Land and Property Ltd, who want to buy their entire stakes in Black Pearl.

In his opening speech outlining the defence case today, Shafee said his team will also prove that the surrounding circumstances has led Najib to believe that fugitive businessman Low Taek Jho, or Jho Low, was a close associate to the royal family of Saudi Arabia.

The ranking for the easiest city to get settled as an expat was carried out by InterNations, the world’s largest expat community with over 3.5 million members.

Sources told Bloomberg the move is partly to help fund the US$33.5 billion Bandar Malaysia project in Kuala Lumpur.

Najib said this on his first day of giving testimony in his SRC trial at the High Court.

Despite the increase, Knight Frank believes that Kuala Lumpur’s overall office market remains under pressure, with high impending supply and landlords continuing to offer attractive lease packages to retain or attract tenants. 

His lead counsel Tan Sri Muhammad Shafee Abdullah told a press conference that two of these unnamed individuals were from Saudi Arabia while the other two were from Abu Dhabi.

Petaling Jaya mayor Datuk Mohd Sayuthi Bakar expressed disappointment over the poor hygiene standards at the market.

"I understand that Jho Low was chosen as the advisor to the chairman of TIA board of advisors, who was Sultan Mizan himself," he said.