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Banker confirms Ambank paid RM2.83 bln to M'sian govt over 1MDB scandal

Banker confirms Ambank paid RM2.83 bln to M'sian govt over 1MDB scandal

A banker told the High Court today that AmBank had paid a RM2.83 billion settlement to the government of Malaysia over the 1Malaysia Development Berhad (1MDB) scandal.
Tue Sep 27 2022
Najib received RM2.08 billion via nine transactions in two months - Witness

Najib received RM2.08 billion via nine transactions in two months - Witness

A bank officer told the High Court that RM2.08 billion was deposited into Najib Razak's AmIslamic Bank personal account in nine transactions in 2013.
Mon Sep 26 2022
RM90.9 mln went into Najib's personal account in 2012 - Bank officer

RM90.9 mln went into Najib's personal account in 2012 - Bank officer

RM90.9 million went into Najib Razak's personal account in AmIslamic Bank through two transactions in 2012, the High Court, here, heard today.
Mon Sep 26 2022
Najib never sued Ambank while he was account holder - Witness

Najib never sued Ambank while he was account holder - Witness

An Ambank officer told the High Court that Najib Razak has never filed any lawsuit against the bank for mishandling his accounts while he was an account holder.
Mon Sep 12 2022
Najib appoints Nik Faisal as authorised personnel for his five AmIslamic Bank accounts. - Bank officer

Najib appoints Nik Faisal as authorised personnel for his five AmIslamic Bank accounts. - Bank officer

The High Court here was told that Najib Razak appointed Nik Faisal Ariff Kamil as the authorised personnel for his five AmIslamic Bank accounts.
Thu Sep 08 2022
RM60.6 million credited into Najib's personal account in 2011 - Bank officer

RM60.6 million credited into Najib's personal account in 2011 - Bank officer

The High Court was told that RM60.6 million was credited in two transactions into Najib Razak's personal account at AmIslamic Bank in 2011.
Thu Sep 08 2022
Shahrir Samad did not know source of RM1 mln received from Najib - Witness

Shahrir Samad did not know source of RM1 mln received from Najib - Witness

A bank manager told the High Court that Shahrir Ab Samad did not know from where Najib Razak acquired the RM1 million which was given to him.
Mon Sep 05 2022
Bank manager confirms Shahrir received cheque for RM1 mil from Najib

Bank manager confirms Shahrir received cheque for RM1 mil from Najib

A bank manager told the high court here today that Shahrir Ab Samad received a cheque for RM1 million from Najib Razak, nine years ago.
Thu Aug 11 2022
Najib issued two cheques amounting to RM9.5 million to Shafee - Witness

Najib issued two cheques amounting to RM9.5 million to Shafee - Witness

Jalan Raja Chulan Ambank branch manager R.Uma Devi, 42, said the two cheques were issued by Najib on Sept 5, 2013 and Feb 17, 2014.
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