News by M

The acquisition deal is valuing the four concessionaires at the enterprise value (EV) of RM6.2 billion.

Goldman Sachs was the advisor for the issuance of US$6.5 billion in bonds issued by 1MDB for fees of US$600 million.

Its subsidiary received a LoA from Idaman Putrajaya Sdn Bhd to undertake refurbishment works at the Pullman Putrajaya Lakeside Hotel.

He reasoned the forfeited funds belong to national-level Umno, whereas the Government's legal action to reclaim the monies from 1MDB is against state Umno liaisons and divisions,

MACC chief commissioner Latheefa Koya said the suit was filed under section 56 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) at the High Court, which has set four dates for the case, namely June 25 followed by July 10, 24 and 31 this year.

“The two are currently given desk duties and are not allowed to take part in field work.”

Leading the force will be the Governance, Integrity and Anti-Corruption Centre (GIACC).

"The state government will always respect Islamic guidelines and the decision of the state fatwa council before making any decision on the proposed mosque site."

"We will rely more on the documentary evidence which had been admitted by the High Court in the former premier's RM42 million SRC trial, without calling all the witnesses."

She said these funds were disbursed via an AmBank account opened under Najib.