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MoF confirms 1MDB, SRC filed 22 suits to recover RM97bil
KUALA LUMPUR: The Ministry of Finance (MoF) confirmed yesterday legal representatives of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd had filed a total of 22 civil suits to recover RM96.6bil (US$23bil).
In a statement, the MoF said the suits were filed last Friday in the government’s continuing efforts to recover the losses suffered by 1MDB and SRC.
“Six of these writs were filed by 1MDB, while 16 were by SRC for the recovery of assets with a combined total in excess of RM96.60bil (US$23bil), including approximately RM300mil against various local parties, ” it said.
LETTER | Student welfare should be taken seriously by NUTP
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LETTER | The Joint Action Group for Gender Equality (JAG), Bulan Sisters and Pertubuhan Pembangunan Kendiri Wanita dan Gadis (WOMEN:girls) would like to address justifications that were given by the secretary-general of the National Union of the Teaching Profession (NUTP), Harry Tan, on
Astro Awani’s Consider This programme on May 5 for the union’s opposition to the National School Walkout Day (NSWD).
Firstly, Tan noted that NSWD was being unfair to all 450,000 teachers nationally by projecting the image of teachers “lurking around and harming students” and “waiting to make and crack jokes about (rape)”. Whilst we agree with Tan in that not all teachers are perpetrators, he refuses to understand that NSWD aims to raise public awareness of the systemic nature of sexual harassment, rape and abuse in schools.
Friday, 07 May 2021 10:23 PM MYT
KUALA LUMPUR, May 7 The validity period of public service and commercial vehicle licenses has now been extended to between three to five years, compared to one to two years previously.
Transport Minister Datuk Seri Dr Wee Ka Siong said the move was to alleviate the burden borne by transport industry players due to the Covid-19 pandemic.
“All licensed operators of public service vehicles and commercial vehicles can apply for an operator’s licence with up to five years’ validity, if they meet all the conditions imposed.
Wee said among the conditions was to comply with Safety Standards, each vehicle was registered with the Land Public Transport Agency (APAD) and equipped with GPS, while the company had to ensure there were no active summonses either from the Royal Malaysian Police (PDRM) or the Road Transport Department (JPJ) for all of the company’s vehicles.