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Ex-1MDB CEO never entertained MOF Inc's requests for documents on JV deal with PSI - Witness

Ex-1MDB CEO never entertained MOF Inc's requests for documents on JV deal with PSI - Witness

A witness told the High Court that the former 1MDB CEO had never entertained requests from MoF Inc to get the documents on the 1MDB-PSI joint venture.
Thu Aug 25 2022
MoF invites public feedback on the application of ESG Principles in GLIC, MoF Inc

MoF invites public feedback on the application of ESG Principles in GLIC, MoF Inc

The PCP aims to obtain proposals based on ESG principles to increase the competitiveness of GLICs and MoF Inc.
Tue Aug 09 2022
Dewan Rakyat passes seven motions tabled by Finance Ministry

Dewan Rakyat passes seven motions tabled by Finance Ministry

The Dewan Rakyat today passed a motion for the government, through the MoF Inc, to make investment this year by changing the status of the remaining government loan totalling RM969.268 million.
Thu Aug 04 2022
Witness: CEO told MOF Inc 1MDB reported directly to Najib

Witness: CEO told MOF Inc 1MDB reported directly to Najib

The MOF's former deputy secretary-general today told the High Court that 1MDB reported directly to Najib Razak on the company's operations and affairs.
Mon Jun 20 2022
Agrobank financial position stable, able to pay govt dividend - AG's report

Agrobank financial position stable, able to pay govt dividend - AG's report

The financial position of Agrobank, under the purview of MoF Inc, had been stable between 2018 and 2021 and it had the capability to pay dividends to the government annually.
Tue Mar 22 2022
1MDB, M'sian govt sue KPMG for US$5.6 billion

1MDB, M'sian govt sue KPMG for US$5.6 billion

The government of Malaysia, Minister of Finance Inc (MoF Inc), 1Malaysia Development Berhad (1MDB) and four of its subsidiaries have filed a suit against 44 partners of accounting firm KPMG.
Fri Jul 09 2021
MOF confirms legal action filed against KPMG partners

MOF confirms legal action filed against KPMG partners

The Ministry of Finance (MoF) has confirmed that a writ and statement of claim have been filed against 44 individual partners of Malaysian accounting firm KPMG PLT on July 6, 2021.
Fri Jul 09 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
MOF dismisses media claim regarding MSSB in 'Exchange 106' (TRX)

MOF dismisses media claim regarding MSSB in 'Exchange 106' (TRX)

MoF today clarified that MKD Signature Sdn Bhd (MSSB), a company owned by Minister of Finance (Incorporated) [MoF (Inc)] is still the major shareholder of Mulia Property Development Sdn Bhd (MPDSB).
Sun Apr 11 2021
IWK: Finance Ministry dismisses Ranhill Utilities's due diligence claim

IWK: Finance Ministry dismisses Ranhill Utilities's due diligence claim

It said Prokhas was appointed by MOF Inc to represent the latter as its consultant for the proposal.
Thu Dec 03 2020
IPIC to 1MDB: You have 5 days

IPIC to 1MDB: You have 5 days

Failure to do so would mean that both MOF Inc. and 1MDB would be subjected to additional obligations to both IPIC and to Aabar Investments PJS.
Tue Aug 01 2017
No allocation of special funds from GLCs, govt bodies for political parties

No allocation of special funds from GLCs, govt bodies for political parties

GLCs and government-owned companies through the Minister of Finance Incorporated (MOF Inc) do not provide annual funds specifically for contributions to politicians or political parties.
Tue Nov 17 2015
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024