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Sovereign Wealth Fund

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1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

1MDB’s ex- CEO Arul Kanda clueless on company’s ‘investments’ - Tony Pua

Tony Pua says he attended the meeting with 1MDB representatives to determine the financial status of the sovereign wealth fund.
Tue Sep 17 2024
Jho Low informed establishment of 1MDB two years before it was officially formed - Witness

Jho Low informed establishment of 1MDB two years before it was officially formed - Witness

Jho Low had informed AmBank that his team was looking to set up a sovereign wealth fund to raise funds to develop the State of Terengganu, two years before it was officially formed.
Thu Oct 13 2022
Najib's second SRC case to be heard upon disposal of conviction review bid

Najib's second SRC case to be heard upon disposal of conviction review bid

The High Court today set Nov 29 for mention of Najib Razak's another SRC case involving RM27 million in the sovereign wealth fund.
Wed Sep 28 2022
[COLUMNIST] Stop brain drain or lose lock, stock, and barrel

[COLUMNIST] Stop brain drain or lose lock, stock, and barrel

How long would we be able to hold trying to face 2020s problems with 1980s solutions?
Fri Jul 08 2022
Sarawak's proposed sovereign fund still under study - Abang Johari

Sarawak's proposed sovereign fund still under study - Abang Johari

Sarawak will announce its decision on the proposal to set up its own sovereign wealth fund once a study has been completed, said Sarawak Premier Tan Sri Abang Johari Tun Openg.
Mon May 16 2022
Prosecutor urges ex-Goldman banker's conviction over 1MDB, defence blasts witness

Prosecutor urges ex-Goldman banker's conviction over 1MDB, defence blasts witness

Smith says Roger Ng received more than $35 million in kickbacks from Malaysia's 1MDB sovereign wealth fund, and must be held accountable.
Tue Apr 05 2022
[COLUMNIST] Reinventing sovereign wealth fund: Let us be cleverer

[COLUMNIST] Reinventing sovereign wealth fund: Let us be cleverer

There is an important void for Khazanah Nasional to fill in before it can start delivering impact for the nation.
Thu Mar 10 2022
Khazanah calls for reopening of international borders

Khazanah calls for reopening of international borders

Amirul Feisal emphasised that the sovereign wealth fund is focusing on improving Malaysia Airlines operations.
Wed Mar 02 2022
Ex-Goldman banker testifies that 1MDB deal made him a hero

Ex-Goldman banker testifies that 1MDB deal made him a "hero"

A former Goldman Sachs partner testified on Wednesday that he and a colleague became "heroes" at the bank for bringing in billions in business from Malaysia's 1MDB sovereign wealth fund.
Thu Feb 17 2022
Setting up of sovereign wealth fund for benefit of future generations - Abang Johari

Setting up of sovereign wealth fund for benefit of future generations - Abang Johari

The proposed setting up of the Sovereign Wealth Fund is to guarantee a good financial position for Sarawak if its petroleum resources are depleted, said Chief Minister Tan Sri Abang Johari Tun Openg.
Fri Dec 17 2021
1MDB board in 'sandiwara' on overseas funds belonging to UMNO - Witness

1MDB board in 'sandiwara' on overseas funds belonging to UMNO - Witness

Former CEO of 1MDB told the High Court here today that the 1MDB board of directors was involved in a 'sandiwara' to conceal the overseas funds of the sovereign wealth fund belonged to UMNO.
Thu May 27 2021
I believe UMNO benefited from 1MDB - Former 1MDB CEO

I believe UMNO benefited from 1MDB - Former 1MDB CEO

Former 1MDB CEO said he still believed that UMNO had benefited from the sovereign wealth fund despite the absence of evidence of monies being sent to the political party.
Mon Feb 15 2021
1MDB: Ex-CEO hesitant to confirm bonds were raised to embezzle proceeds

1MDB: Ex-CEO hesitant to confirm bonds were raised to embezzle proceeds

The defence in the 1MDB trial suggested that a US investment bank has helped the sovereign wealth fund raise billions to gain profit.
Wed Jan 06 2021
Khazanah appoints Zainal Abidin Putih as director

Khazanah appoints Zainal Abidin Putih as director

Zainal Abidin will also sit on the board's audit and risk committee, the country's sovereign wealth fund said in a statement today.
Mon Nov 16 2020
Witness insinuates Jho Low was 1MDB's shadow director, says Najib's lawyer

Witness insinuates Jho Low was 1MDB's shadow director, says Najib's lawyer

Najib's lawyer Tan Sri Muhammad Shafee Abdullah said it contradicted the prosecution's case that former prime minister Najib acted as the 'shadow director' of the sovereign wealth fund.
Tue Jun 30 2020
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