Bar Council clears Zaid and partners of misconduct

PETALING JAYA: Lawyer Datuk Zaid Ibrahim and his partners, Liew Teck Huat and M. Rueben, have been exonerated by the Bar Council disciplinary board of any breach of the Legal Profession Act (LPA) 1976 or any other wrongdoing as alleged by Malaysian Bar president Karen Cheah. Zaid took to X on Sunday (Jan 21) and said...

Woman loses over RM500,000 to scammer posing as her younger brother

ISKANDAR PUTERI: A 31-year-old woman lost more than half a million of her life savings after being duped by a scammer who had impersonated her younger brother. Iskandar Puteri OCPD Asst Comm Rahmat Ariffin said the police received a police report from the victim at 4.20pm on Friday (Jan 19) after noticing that she had been...

Wanted man nabbed for cable theft in Ampang

AMPANG: A 34-year-old man on the wanted list has been detained for allegedly stealing 150m of telecommunications cables worth RM6,000 at Taman Utama here. Ampang Jaya OCPD Asst Comm Mohd Azam Ismail said a technician lodged a police report on the left at 11.49am on Friday (Jan 19). "Investigation led us to arrest the suspect, a lorry...

MACC raids Tan Sri’s house in RM4.5bil graft probe

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) raided a Tan Sri's residence in connection with a corruption case involving procurement and management of the government's fleet of vehicles worth RM4.5bil. Along with raiding the residence of the Tan Sri, who is a businessman, the MACC also raided four companies including a government vehicle supplier. Sources told a...

TAR UMT to become global education hub with campuses abroad, says Dr Wee

KUALA LUMPUR: Tunku Abdul Rahman University of Management and Technology (TAR UMT) will spread its wings internationally, especially in the Asean region, says Datuk Seri Dr Wee Ka Siong. Dr Wee, who is the Tunku Abdul Rahman College (TARC) Education Foundation board of trustees chairman, said TAR UMT was busy mapping its future as it aspired...

Flood management is collective effort between Putrajaya and state governments, says DPM

PUCHONG: The burden of flood management and the responsibilities should not be shouldered only by the Federal Government, says Datuk Seri Dr Ahmad Zahid Hamidi. The deputy prime minister said cooperation and coordination between federal and state governments was crucial when it comes to handling disaster management. "In managing the floods, we have to cast aside the...

Six houses destroyed in Penampang blaze, workshop razed in Sandakan

KOTA KINABALU: Six houses at a village along Jalan Penampang-Tambunan were completely destroyed during a blaze on Friday (Jan 19). However, no casualties were reported. The Fire and Rescue Department received a report at 5.30pm about the incident at Kampung Timpoluon Babagon and a team from the Penampang and Kota Kinabalu fire stations were sent to the...

FinCEN’s crypto mixing reporting for banks poses ‘disruptive’ risks, lawyers say

In an op-ed on Bloomberg Law, Steven Merriman and Jim Vivenzio of Perkins Coie raised concerns over FinCEN’s latest move to crack down on crypto mixers. The Financial Crimes Enforcement Network (FinCEN) is pushing for financial institutions to impose new compliance measures in its latest reporting plan, focusing on crypto transactions involving” convertible virtual currency (CVC) mixing.” According to...

Tron founder Justin Sun addresses UN concerns on USDT

Justin Sun, the founder of the Tron blockchain, contested the UN report’s assertions on USDT, pointing out factual inconsistencies and affirming Tron’s dedication to maintaining blockchain integrity. The UN report highlighted concerns over the misuse of blockchain technology, focusing on the role of USDT in money laundering and scams, particularly in Southeast Asia. In a Jan. 19 X post, Sun acknowledged these...

Manta Network recovers from cyber attacks as money laundering claims surface

Manta Network has successfully resumed normal operations after overcoming technical issues, as reports of money laundering involvement emerge. On Jan. 18, the Manta network experienced a DDoS attack that temporarily disrupted its operations. The attack, which began at 9:30 AM UTC, coincided with the network’s Token Generation Event (TGE). It’s noteworthy that the incident follows closely after the...