1MDB


  • Filter by

Nor Shamsiah takes challenges in stride

IT is a pleasant surprise when Bank Negara governor Datuk Nor Shamsiah Mohd Yunus walks in the room for this exclusive interview with StarBizWeek – her first since taking over the top job at the central bank.

Pulau Indah land sale gets ‘fair bit of interest’, says agent

PETALING JAYA: Property consultancy CBRE | WTW, which has been appointed the exclusive marketing agent for the sale of Pulau Indah, said it has received “a fair bit of interest” from prospects for the 318-acre land, managing director Foo Gee Jen said.

The dirt on money laundering

Money laundering Money is the main cause for people to engage in almost any type of criminal activity. Money-laundering is the process of concealing the source of illicit funds or “dirty money.’’

Dramatic rise in fight against money laundering

PETALING JAYA: It is not easy to totally fight money laundering (ML) and counter-terrorist financing (CTF) activities simply because there is always someone willing to give in or take a bribe to let it happen.

US charges Jho Low, ex-Fugees rapper, over funding in 2012 election

The U.S. Justice Department announced on Friday it had charged former Fugees rapper Prakazrel “Pras” Michel and wealthy Malaysian businessman Low Taek Jho, popularly known as "Jho Low," for conspiring to steer illegal foreign campaign funds into the 2012 presidential election

According to the unsealed indictment, between June 2012 and November 2012, Jho Low(file pic) directed the transfer of approximately $21.6 million from foreign entities and accounts to Michel to be funneled into the U.S. election while disguising it as legitimate campaign contributions.  The indictment did not reveal the identity of the presidential candidate.

After the change: Business as usual?

Comment by Terence Gomez
PAKATAN Harapan’s unexpected victory in Malaysia’s 14th General Elections (GE14) was one of monumental proportions as the ruling Barisan Nasional, under Umno’s control, had instituted a series of unscrupulous methods to retain power. Pakatan, led by Tun Dr Mahathir Mohamad, had achieved a colossal feat, unseating a powerful Umno that had never lost power.