Author - De Fa Wang

Eight Chinese nationals charged for operating fake investment call centre in Johor

JOHOR BARU: Eight Chinese nationals were charged at the Magistrate Court here for allegedly operating a call centre that offers non-existent investment. The accused are Feng Xiao Wei, 19; Gao Jun Jie, 19; Lin Wen Jie, 22; Hu Zhi Cong, 27; Liu Bo Nan, 27; Zhang Hao, 35; Fan Zi Chao, 33, and Wu Wei Bin,...

AOB prohibits Sathiea Seelean Manickam from auditing for one year; fines him RM87,500

KUALA LUMPUR: The Securities Commission’s (SC) Audit Oversight Board (AOB) has prohibited Sathiea Seelean Manickam from accepting as clients and auditing any public interest entities (PIEs) or schedule funds for a one-year period, starting Oct 22, 2024. In a statement, SC said the AOB imposed a fine of RM87,500 on Sathiea. Sathiea was a partner of Morison...

Not fair to label middle-income families as ‘ultra-rich’ under T15 classification, says Muhyiddin

KUALA LUMPUR: Implementing subsidy rationalisation by redefining the T15 group could end up being unfair to the middle class, says Tan Sri Muhyiddin Yassin. While taking part in debates on Budget 2025 in the Dewan Rakyat on Wednesday (Oct 23), the Pagoh MP said the government had yet to define the T15 group, but it purportedly...

Freeze on foreign workers’ employment quota to continue, says Saifuddin

PUTRAJAYA: The freeze on foreign worker employment quota applications will continue until a date to be announced later. Home Minister Datuk Seri Saifuddin Nasution Ismail said this is because the total number of foreign workers in the country as of Sept 15 is nearing the stipulated ceiling. He said the total number of foreign workers in the...

Malaysia to leverage Asean chairmanship to resolve South China Sea issues

KUALA LUMPUR: Malaysia plans to leverage its chairmanship of the upcoming Asean summits next year to resolve outstanding South China Sea issues, says Deputy Defence Minister Adly Zahari (pic). Adly said the Defence Ministry emphasises three important pillars over the South China Sea issue: Malaysia’s readiness and the modernisation of its navy assets, the robustness of...

SC Malaysia adds 19 clone entities to investor alert list

KUALA LUMPUR: The Securities Commission (SC) Malaysia has updated its Investor Alert List to include 19 potential clone entities and eight unauthorised entities as of Oct 18, 2024. In a post on X today, the SC urged investors to be cautious of potential clone entities that may be impersonating legitimate firms. The regulator identified the potential clone...

Najib tells court he has ‘certain regrets’ over SRC International but no idea how funds entered his account

KUALA LUMPUR: Datuk Seri Najib Razak has “certain regrets” over what happened to SRC International Sdn Bhd, a subsidiary of 1Malaysia Development Bhd (1MDB) that suffered losses in the billions of ringgit, the High Court here heard. The former prime minister, however, maintained he had no knowledge of the funds channelled out of the company that...

Chegubard to submit representation to drop sedition charge

KUALA LUMPUR: Badrul Hisham Shaharin, better known as Chegubard, will submit a representation to drop a sedition charge made against him for his Facebook remark that could tarnish the good name of His Majesty Sultan Ibrahim, King of Malaysia. His lawyer, Muhammad Rafique Rashid Ali, informed Sessions Court Judge Siti Aminah Ghazali when the case came...

Trader fined RM10,000 for selling cooking oil above controlled price

IPOH: A grocery trader was fined RM10,000 after pleading guilty in the Teluk Intan Sessions Court on Friday for selling cooking oil above the controlled price. The Perak branch of the Domestic Trade and Cost of Living Ministry in a statement on Friday (Oct 18) informed that Rasina Mohamed Ajmul Khan, 34, faces four months in...

In landmark ruling, South Korea court recognises misogyny as motive for hate crime

SEOUL: An appellate court ruled on Oct 15 that an assault on a female convenience store clerk by a man in Jinju, in South Gyeongsang province, who was allegedly motivated by her short haircut, constituted a misogynistic hate crime. The landmark ruling is the first time that a South Korean court has explicitly recognised misogyny as...