Page 35 - Development Bhd News Today

PUTRAJAYA: Some 70% of stolen assets and funds from 1Malaysia Development Bhd (1MDB) have been recovered so far, the anti-graft body said.

Tracing of remaining 30% ongoing in several overseas places, MACC chief says.

PUTRAJAYA: The salary of civil servants will be revised after the country’s income has improved, says Prime Minister Datuk Seri Anwar Ibrahim.

PUTRAJAYA: Around 70% worth of stolen assets and funds from 1Malaysia Development Bhd (1MDB) has been recovered so far, says Tan Sri Azam Baki.

PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim wants the task of evaluation to be returned to civil servants and for dependence on consultants to be reduced under his administration.

Lately, there have been calls from certain quarters in parliament for the government to list the national oil company, Petroliam Nasional Bhd (Petronas), on Bursa Malaysia — one of the reasons being that the proceeds from the listing could be used to pay off government debt. Majlis Tindakan Ekonomi Melayu Bersatu (MTEM) is absolutely against this idea. Not only is the objective a bad “business” decision but the listing of Petronas goes entirely against the interests of the nation, especial...

AS expected, the Budget 2023 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim on Feb 24 is bigger than and different from the one tabled by the previous administration last October ahead of the 15th General Election (GE15) on several fronts — remaining mindful of the need for fiscal discipline to rein in the country’s hefty RM1.5 trillion debt and liabilities burden.

KUALA LUMPUR: Datuk Seri Najib Razak was acquitted by the High Court of a power abuse charge over the tampering of the 1Malaysia Development Bhd (1MDB) audit report after the High Court found no causal link between the amendments he had ordered and the alleged gratification.

KUALA LUMPUR: The High Court here will decide today whether to call former prime minister Datuk Seri Najib Razak and former 1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy to enter their defence or free them in the company’s audit report tampering trial.

PETALING JAYA: Celebrities Leonardo DiCaprio and Kim Kardashian were called up for questioning by US authorities regarding funds misappropriated from 1Malaysia Development Bhd (1MDB), according to previously undisclosed FBI documents.