KUALA LUMPUR: Datuk Seri Najib Razak told the High Court that his action in returning US$620mil of unutilised Saudi donation to Tanore Finance Corp reflected his innocence and yet he was hit with five charges under the Anti-Money Laundering Act. The former prime minister testified that he decided to return the balance of the funds that...
KOTA KINABALU: The government has been urged to provide a detailed breakdown of the development allocation given to Sabah tabled under the federal budget each year in the Dewan Rakyat. Kinabatangan MP Datuk Seri Bung Moktar Radin said this was important so that the people are aware of the actual sum channelled to the state and...
PUTRAJAYA: The draft memorandum of understanding on allocation distribution to Opposition MPs has been finalised and is now ready for submission, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said that he had instructed the draft to be delivered to Datuk Seri Takiyuddin Hassan, the Perikatan Nasional chief whip. "I will forward the draft agreement to...
KOTA KINABALU: The Sabah government rejects Opposition claims that the RM900mil sukuk funds raised by state-owned SMJ Energy Sdn Bhd (SMJE) had the hallmarks of another 1MDB scandal, says Datuk Seri Masidi Manjun. Taking on the Opposition, including Parti Warisan president Datuk Seri Mohd Shafie Apdal, the state Finance Minister said the Opposition and individuals spreading...
SEREMBAN: A 73-year-old chairman of a cooperative in a land scheme claimed trial to a charge of misappropriating RM422,440. Zainol Ishak pleaded not guilty after the charge was read before Sessions Court judge Meor Sulaiman Ahmad Tarmizi on Tuesday (April 30). He was charged with committing the offence at a bank in Gemas between August 2020 and...
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...
PUTRAJAYA:A total of 8,583 applications have been made to the Malaysian Indian Community Transformation Unit's (Mitra) tuition assistance subsidy programme for B40 Indian undergraduate students as of Aug 31. Mitra Special Vehicle Committee chairman Datuk Ramanan Ramakrishnan said the grant, involving RM20mil, has been distributed to 3,193 students attending public and private universities with subsidies worth...
