Tags » Najib

Malaysia’s example of Grand Corruption

Despite Umno leaders dismissing the RM2.6 billion in Datuk Seri Najib Razak’s bank accounts as not a big deal, Transparency International chairman Jose Ugaz said it has all the elements of “grand corruption”. 76 more words


MACC to record statements from SRC duo 

KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) will record statements from two top executives from SRC International Sdn Bhd as part of a probe into the former 1Malaysia Development Bhd (1MDB) subsidiary. 174 more words


Najib: ‘We Will Get Answers’ on 1MDB

http://edge.quantserve.com/quant.jsMalaysian prime minister acknowledges concerns over governance at state investment fund


Malaysian Prime Minister Najib Razak, here delivering a speech Nov. 3, told a newspaper that investigations into state investment fund 1MDB ‘are ongoing, and we will get answers.’ Photo: Fazry Ismail/European Pressphoto Agency… 560 more words

Malaysian government 'creating a culture of fear', says Human Rights Watch

The Malaysian government has gone on a binge of prosecutions of critics and is using broad and vaguely worded laws to criminalise peaceful expression, Human Rights Watch (HRW) says in a new report released today (Tuesday). 1,660 more words


More for PM’s office in Budget 2016, less for key sectors

1. the higher education ministry faces a budget cut of RM2.4 billion, with resources to all public universities reduced by RM1.4 billion, despite a projected increase in enrolment in most of the institutions. 270 more words


Malaysia’s scandal-hit 1MDB slams claims of cover-up

Michael Peel in Kuala Lumpur

Arul Kanda, 1MDB president, says the fund is making good progress towards generating cash needed to pay debt interest and capital… 886 more words

1MDB Has a Lot Riding on Sale of Power Plants

The sale is key for the Malaysian state-investment fund that has racked up $11 billion in debt


Malaysia’s landmark KL Tower is seen in background of the 1MDB logo at the fund’s flagship Tun Razak Exchange construction site in Kuala Lumpur in September. 1,186 more words