1MDB suits: Prosecution withdraws bids to forfeit RM21.7mil from 11 entities

PUTRAJAYA: The prosecution has withdrawn its appeals to forfeit monies totalling RM21.7mil belonging to 11 entities and individuals, including Pekan Umno and the Johor Umno liaison committee, allegedly linked to 1Malaysia Development Bhd (IMDB) funds. Read full story

Maybank2u and MAE app add ‘kill switch’ feature to combat online scams

Maybank has become the latest bank to include a ‘kill switch’ which allows customers to freeze online banking access on both the Maybank2u website and MAE app. Read full story

No political appointments for Higher Education Ministry, says Khaled

PUTRAJAYA: Higher Education Minister Datuk Seri Mohamed Khaled Nordin has set his sights on regaining public trust in his ministry. Read full story

Tackle unregistered firm issue for the good of all

I HAD previously argued the need to improve our welfare system to protect the vulnerable persons as 40% of workers in the formal sector are not enrolled in any retirement scheme. These people are mainly from non-standard employment and self-employment.

ECB to hike rates again, but outlook brightens

THE European Central Bank is expected to push on with its inflation fight Thursday with a fresh rate hike, even as signs grow the eurozone might have passed the worst of an economic shock. After Russia’s invasion of Ukraine sent energy and food costs soaring across the single currency area, the ECB embarked on the […]

Najib’s 1MDB trial put off after Sri Ram’s death

THE High Court today postponed the hearing of former prime minister Najib Razak’s trial involving the misappropriation of RM2.3 billion from 1Malaysia Development Bhd (1MDB) funds. Judge Collin Lawrence Sequerah allowed the postponement following a request by deputy public prosecutor Ahmad Akram Gharib after the passing of Gopal Sri Ram, who was described as “like […]

Day: 30 January 2023