News by M

“My conscience is clear,” Najib told the media about his partaking in the decision to divert the funds.

In light of the increased number of landslides in Cameron Highlands due to the monsoon season, ceasing to issue such permits would help mitigate the risk. 

"The first two charges [totalling RM1.855 billion] are related to infrastructure projects… ECRL (East Coast Rail Link) and gas pipeline projects," said Shafee.

Tan Sri Muhammad Shafee Abdullah confirmed in court today that his client (Najib Razak) had used part of the monies to repay 1MDB debt including the US$1.2 billion borrowed from IPIC.

CGSCIMB Research: We foresee earnings risk from every outcome for MRT2 (AG and UG). 

Part of the monies has been slated for certain purposes including the management expenditure of KLIA and 1Malaysia People's Aid (BR1M), reportedly under the Budget 2017 allocation

In a bourse filing yesterday, it announced an income distribution of 95% of its distributable income for 3QFY18 amounting to RM81 milllion or 2.29 sen per unit, to be paid on Nov 29.

Due to policy proposals by opposition Labor party, who are currently set to win government, Australia is likely to weaker property prices and diminished productivity, says the Royal Bank of Canada. 

Najib, Irwan Serigar to be jointly charged with CBT under Section 409 of Penal Code.

At press time, former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah is still in the premises.