PETALING JAYA: The negative reserve highlighted in the Auditor-General's Report for 2022 is only one facet, says the Armed Forces Fund Board (LTAT). It said that its combined reserves are made up of three components which reflect the board's stability in combination; retained earnings, reserve fund and the OCI reserve ALSO READ: LTAT to face PAC over huge...
KUALA LUMPUR: Keretapi Tanah Melayu Berhad (KTMB)’s plans to get an additional 10 new sets of electric train service (ETS) coaches is expected to allow over 7.5 million passengers to use the service annually, says Anthony Loke. The Transport Minister said that last year, there were 32 daily ETS trips and there were 4.12 million passengers...
PETALING JAYA: Almost half of the 123 subsidiary companies under five federal agencies lost almost RM2bil in 2022, according to the Auditor-General’s Report on Federal Agencies 2022. The five agencies were Employees Provident Fund (EPF), Armed Forces Fund Board (LTAT), Federal Land Development Authority (Felda), Retirement Fund Inc (KWAP) and Lembaga Tabung Haji (LTH). These five federal...
KUALA LUMPUR: Former prime minister Datuk Seri Ismail Sabri Yaakob (pic) wants the government to disclose if house arrest was included as part of Datuk Seri Najib Razak’s royal pardon application. “I was made to understand that aside from a royal pardon, there was an appeal for him to be transferred from being detained at the...
PETALING JAYA: Hong Kong actor Kenneth Ma fumbled with his Malay and made a faux pas by saying “aku makan” when greeting his Malaysian fans recently, reported Sin Chew Daily. The 50-year-old, here to attend the opening of a G2000 outlet at The Exchange TRX, had wanted to say “apa khabar” but ended up blurting “aku...
KUALA LUMPUR: Ten years on, people are still questioning and accusing me over the disappearance of MH370, laments Datuk Seri Azharuddin Abdul Rahman (pic), former chairman of the Civil Aviation Authority of Malaysia (CAAM). Discussing the enigmatic disappearance of the ill-fated aircraft that continues to baffle the world, he addressed accusations of concealing information about the...
SIBU: A man in Kuching lost RM40,500 after he was made to believe he could recover RM60,000 from a previous gold investment scheme. Special Assistant to Stampin MP, Michael Kong said on Thursday (March 7) that the victim, who only wanted to be known as Bong, had sought his assistance in verifying the identity and credentials...
KUALA LUMPUR: A subsidiary of 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd, was a victim of a large-scale, multi-jurisdictional fraud orchestrated by Datuk Seri Najib Razak, the High Court heard. SRC’s lawyer Datuk Lim Chee Wee said that instead of serving the rakyat, the company became a vehicle manipulated by the former premier to procure...
KUALA LUMPUR: A defiant Badrul Hisham Shaharin, also known as Chegubard, says he is willing to be arrested and will not hand over his mobile phone to police. The Bersatu member is being investigated over a video circulated on social media in which he and party colleague Muhammad Zahid Md Arip comment about Prime Minister Datuk...
PUTRAJAYA: The Court of Appeal here has acquitted Tan Sri Mohd Isa Samad of his conviction and sentence on nine counts of corruption involving the purchase of a hotel in Sarawak. In a unanimous decision, a three-judge panel chaired by Justice Vazeer Alam Mydin Meera allowed Mohd Isa's appeal against his conviction and sentence. "The appeal is...
