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SRC directors are professionals, not 'puppets' hired by Najib - Ismee

SRC directors are professionals, not 'puppets' hired by Najib - Ismee

Tan Sri Ismee Ismail testifies in SRC International's $1.18 billion suit against Najib Razak and fugitive Nik Faisal Ariff Kamil.
Thu Aug 15 2024
Najib held significant authority in SRC, I wouldn't refuse his directives - Former SRC director

Najib held significant authority in SRC, "I wouldn't refuse his directives" - Former SRC director

Tan Sri Ismee Ismail said he believed Datuk Seri Najib Tun Razak was trying to do something best for the country and the company.
Mon Jun 10 2024
I'm not Najib's puppet, says SRC's ex-director

"I'm not Najib's puppet", says SRC's ex-director

Tan Sri Ismee Ismail clarified that he did not have the former premier's personal phone number.
Wed Jun 05 2024
Ismee did not quit 1MDB because he had confidence in Najib's leadership, court told

Ismee did not quit 1MDB because he had confidence in Najib's leadership, court told

The court heard that the US$1.58 billion was used for unspecified "foreign investments".
Thu Apr 07 2022
Former 1MDB director admits RM2.28 bln went into Najib's personal accounts

Former 1MDB director admits RM2.28 bln went into Najib's personal accounts

Contrary the previous testimony in which he said Najib did not benefit from 1MDB monies, Ismee changed his view on the matter.
Thu Apr 07 2022
Board of directors misled on 1MDB investment monies coming back - Witness

Board of directors misled on 1MDB investment monies coming back - Witness

The High Court today was told that the 1MDB board of directors (BOD) was misled when its management had given the illusion that 1MDB investment monies were coming back into the state fund in 2014.
Tue Apr 05 2022
I'm not rescuing the witness but stopping an irrelevant question - Sri Ram

"I'm not rescuing the witness but stopping an irrelevant question" - Sri Ram

Gopal Sri Ram today told the High Court that he was not rescuing former 1MDB non-executive director Ismee Ismail but merely stopping an irrelevant question.
Thu Mar 24 2022
1MDB: Prosecution questions relevance of Najib defence's line of questioning

1MDB: Prosecution questions relevance of Najib defence's line of questioning

The prosecution in Najib Razak's 1MDB trial today questioned his defence team in posing irrelevant questions to former 1MDB non-executive director Tan Sri Ismee Ismail.
Tue Mar 22 2022
Perhaps I was wrong to assume Najib wanted to continue with RM5 bln bond, says ex-1MDB director

Perhaps I was wrong to assume Najib wanted to continue with RM5 bln bond, says ex-1MDB director

Former non-executive director of 1MDB told the High Court today that he might be wrong in assuming that Najib Razak wanted with the issuance of IMTN bond by TIA in 2009 to proceed.
Thu Mar 17 2022
I was restless, feared for my family's safety during 1MDB investigation, says Ismee

I was restless, feared for my family's safety during 1MDB investigation, says Ismee

A former non-executive director of 1MDB told the High Court that he felt restless and worried for his family's safety when he was called by the MACC to give his testimony regarding the 1MDB scandal.
Thu Dec 16 2021
Najib signed letter of support for gov't to settle 1MDB's US$3 bln debt - Witness

Najib signed letter of support for gov't to settle 1MDB's US$3 bln debt - Witness

The High Court was told today that the Malaysian government had taken the responsibility to pay the debts of 1MDB amounting to US$3 billion if the company failed to do so.
Thu Nov 18 2021
1MDB BOD unaware of US$700 million transferred to Jho Low's company - Witness

1MDB BOD unaware of US$700 million transferred to Jho Low's company - Witness

The High Court was told today that none of the 1MDB Board of Directors (BOD) members was aware of the US$700 million transferred to a company owned by Low Taek Jho or Jho Low.
Wed Nov 17 2021
Jho Low, the man behind the scenes of 1MDB, court told

Jho Low, the man behind the scenes of 1MDB, court told

The High Court here was told today that fugitive businessman Low Taek Jho or Jho Low was the man behind the scenes of 1Malaysia Development Berhad (1MDB).
Wed Nov 17 2021
Former SRC director files third party notice against Shahrol Azral, Ismee

Former SRC director files third party notice against Shahrol Azral, Ismee

Mohammed Azhar Osman Khairuddin has filed an application to have two fellow former directors, Shahrol Azral Ibrahim Halmi and Ismee Ismail to indemnify him against all losses.
Mon Aug 30 2021
RM4 billion KWAP loan: SRC files suit against Najib, six others for alleged breach of trust

RM4 billion KWAP loan: SRC files suit against Najib, six others for alleged breach of trust

SRC, now wholly owned by MoF Inc, alleged that Najib had abused his power and obtained personal benefits from SRC funds as well as misappropriated the funds.
Fri May 21 2021
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024