Malaysia’s 1Malaysia Development Bhd. (1MDB) and SRC International Sdn Bhd (“SRC”) have filed lawsuits against JPMorgan Chase JPM and Deutsche Bank DB to recoup assets worth more than $23 billion. The lawsuit is related to a scandal that involves misappropriation
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When religion and politics don’t mix
Some Malaysians may have forgotten that it was during Dr Mahathir Mohamad’s first tenure as prime minister that religion was used, with a passion, to win votes. When the Iranian Revolution swept across Iran at
Read moreHigh Court orders Jho Low’s right-hand man ‘Fat Eric’ to pay RM68m in tax arrears
–A+A KUALA LUMPUR (May 4): The High Court here had today ordered Eric Tan Kim Loong, who is also known as “Fat Eric”, to pay almost RM68 million in tax arrears from 2010 to 2013
Read moreHeads roll as ‘mind power’ egg scandal rocks China
Local authorities are investigating after a Chinese journal published a paper claiming students had been able to hatch a chick from a boiled egg.Pexels CHINA – A vocational college in China has been shut down
Read moreThe choppy waters faced in selling Jho Low’s yacht
KUALA LUMPUR: When the superyacht Equanimity was seized in Indonesian waters in 2018, many saw it as a glimmer of hope in the stormy sea of the 1MDB corruption scandal. Once the property of fugitive
Read moreLawyer hails Khairuddin as ‘trigger’ who opened up 1MDB scandal
KUALA LUMPUR: The High Court was told today that former Batu Kawan Umno division chief Khairuddin Abu Hassan was the person who triggered the string of revelations about 1MDB which led to the downfall of
Read moreFirm implicated in meat cartel scandal charged
JOHOR BARU: A frozen food supply company director and manager, implicated in the meat cartel scandal, have been charged with abetting and possessing goods prohibited from being imported amounting to some RM640,000. LY Frozen Food
Read moreMalaysia’s Mahathir urges king to lift Covid-19 emergency
PUBLISHEDAPR 20, 2021, 6:38 PM SGT FACEBOOKTWITTER KUALA LUMPUR (AFP) – Former Malaysian leader Mahathir Mohamad delivered a petition to the national palace on Tuesday (April 20) urging the king to revoke a Covid-19 state
Read moreOwners of luxury Vietnam apartment project left hanging
LUXURY residential project jointly developed by Novaland Investment, one of Vietnam’s biggest property firms, is in limbo. Novahome Madison sent letters to buyers of its Madison project in Ho Chi Minh City in September, saying
Read moreMalaysian ex-PM Najib faces bankruptcy over tax bill
Malaysia’s scandal-plagued former prime minister Najib Razak is facing bankruptcy for allegedly failing to pay more than $400 million in taxes, which could bring his political career to an end. Najib lost power in 2018 when his party, which had
Read moreMalaysia’s ex-prime minister appeals graft conviction in 1MDB scandal
PUTRAJAYA, Malaysia — A Malaysian court Monday began hearing an appeal by ex-Prime Minister Najib Razak to overturn his conviction and 12-year jail sentence linked to the massive looting of the 1MDB state investment fund
Read moreLee Zii Jia: 5 Things To Know About Malaysia’s New Badminton Star
The 23-year-old Kedah-born shuttler Lee Zii Jia scored the highly coveted All England crown over the weekend, raising Malaysia’s name on the global stage and thrilling Malaysians everywhere On March 21, Lee Zii Jia made
Read moreTokyo Olympics hit by another scandal over sexist comment
Tokyo Olympics creative director Hiroshi Sasaki is resigning after making demeaning comments about a well-known female celebrity. It is yet another setback for the postponed games and another involving comments about women. Tokyo Olympics creative
Read moreAmid conspiracy theories, MoH explains different needles for PM’s Covid-19 vaccination
KUALA LUMPUR, Feb 25 — Different needles are used to draw and inject Covid-19 vaccines, the Health Ministry (MoH) said today after conspiracy theories emerged over the two used for Prime Minister Tan Sri Muhyiddin
Read moreMalaysia considers procuring CanSino’s single-dose Covid-19 vaccine
PUTRAJAYA (March 8): National Covid-19 Immunisation Programme Coordinating Minister Khairy Jamaluddin said Malaysia may look to procure the single-dose CanSino Covid-19 vaccine from China. He said the CanSino option looks better than the one from Johnson & Johnson
Read moreTony Pua urges Putrajaya to go after KPMG, Deloitte next after AmBank agrees to RM2.83b 1MDB settlement
KUALA LUMPUR, Mar 1 — DAP MP Tony Pua today urged the Finance Ministry to now focus on the claims against former 1Malaysia Development Berhad (1MDB) auditors, KPMG and Deloitte Malaysia. The Damansara MP said
Read moreAmBank to pay RM2.83b settlement over group’s involvement in 1MDB corruption scandal
KUALA LUMPUR (Feb 26): AMMB Holdings Bhd has agreed to pay RM2.83 billion to the Malaysian government as settlement on all outstanding claims and actions in relation to the AmBank Group’s involvement in the 1Malaysia
Read more‘An accident is not a crime’: Tiger Woods will not face charges in crash
LOS ANGELES (Reuters) – Tiger Woods will not face criminal charges in the car crash that left him with serious injuries, the Los Angeles County Sheriff said on Wednesday, as the golf great recovered from
Read moreHollywood producer arrested in Malaysia over 1MDB scandal
Riza Aziz co-founded the Hollywood company Red Granite Pictures, which produced The Wolf of Wall Street In May, some $57 million forfeited by Red Granite was returned to Malaysia KUALA LUMPUR: The Malaysian producer of
Read moreNajib fails in latest bid to disqualify Sri Ram as lead prosecutor in 1MDB trials
KUALA LUMPUR, Feb 15 — The High Court has dismissed the defence’s application to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from prosecuting Datuk Seri Najib Razak on charges related to the
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