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Najib regrets over SRC International losses, High Court heard

Najib regrets over SRC International losses, High Court heard

Datuk Seri Najib Tun Razak admitted at the High Court that he has certain regrets over the losses facing SRC International Sdn Bhd.
Fri Oct 18 2024
Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

Audit report: Federal govt channels grants worth RM39.74 bln to 1MDB

The grants were intended for principal repayment and other expenses, including bond interest and coupon payments, according to the report.
Mon Oct 14 2024
Najib says US$120 million in his account was not personal income

Najib says US$120 million in his account was not personal income

Datuk Seri Najib Tun Razak also made it clear that the money was not from SRC International Sdn Bhd or Retirement Fund Inc (KWAP).
Wed Oct 09 2024
Najib: BOD's job to manage SRC funds

Najib: BOD's job to manage SRC funds

Datuk Seri Najib Tun Razak told the High Court that he was not responsible for the micro-management of SRC International Sdn Bhd's funds.
Fri Sep 27 2024
Najib did not request feasibility study for SRC loan, court told

Najib did not request feasibility study for SRC loan, court told

Former Prime Minister Datuk Seri Najib Tun Razak told the High Court here today that he had not requested a feasibility study for the SRC loan
Thu Sep 26 2024
Najib testifies he had no control over SRC international funds

Najib testifies he had no control over SRC international funds

Datuk Seri Najib Tun Razak testified in High Court that he had no control over the movement or use of RM3.6 bil in funds from SRC International.
Wed Sep 25 2024
Najib denies directing SRC through Nik Faisal, court heard

Najib denies directing SRC through Nik Faisal, court heard

Datuk Seri Najib Tun Razak was testifying as a defendant in SRC Internationals US$1.18 billion civil suit against him and Nik Faisal.
Wed Sep 25 2024
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
No decision yet on Najib's representation to drop RM27 mln SRC money laundering charges

No decision yet on Najib's representation to drop RM27 mln SRC money laundering charges

Deputy public prosecutor Mohd Ashrof Adrin Kamarul told Judge K. Muniandy that the representation is pending.
Wed Jul 31 2024
Najib turns to appeals court to challenge existence of addendum on house arrest

Najib turns to appeals court to challenge existence of addendum on house arrest

According to the judiciary's e-filing system, the appeal is fixed for case management on Oct 7.
Tue Jul 16 2024
AGC rejects Isham Jalil's representation to offer apology to judiciary

AGC rejects Isham Jalil's representation to offer apology to judiciary

The representation seeking to resolve contempt proceedings against Isham Jalil through an apology was submitted to the AGC on March 25.
Wed Jul 10 2024
1MDB failed to detail items allegedly purchased with 1MDB funds - Rosmah

1MDB failed to detail items allegedly purchased with 1MDB funds - Rosmah

Datin Seri Rosmah Mansor said 1MDB failed to detail items, worth more than RM1.6 billion that were allegedly received or purchased by her.
Fri Jul 05 2024
Najib's lawyers allowed to participate in Bar Council's leave application to challenge Pardons Board

Najib's lawyers allowed to participate in Bar Council's leave application to challenge Pardons Board

Judge Datuk Ahmad Kamal Md Shahid fixes new date on September 18 for the hearing that was supposed to start today.
Tue Jul 02 2024
Ex-director admits lots of criminality, forgery in SRC management

Ex-director admits lots of criminality, forgery in SRC management

Datuk Suboh Md Yassin said SRC ex-CEO Nik Faisal Ariff Kamil, now at large, lied to the board about repatriating SRC funds from overseas.
Mon Jun 24 2024
I merely served as 'rubber stamp' in SRC - Former director

I merely served as 'rubber stamp' in SRC - Former director

Datuk Suboh Md Yassin said the 'rubber stamp' process made it impossible to verify if he signed or if SRC documents were forged.
Thu Jun 20 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
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024