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CIMB shares fall as chairman Nazir steps down

KUALA LUMPUR: Shares of CIMB Group Holdings Bhd fell marginally in early trade Tuesday after the company announced chairman Datuk Seri Nazir Tun Razak is leaving his post.

Petra director Nizam, Najib's brother, resigns

PETALING JAYA: Petra Energy Bhd has announced that a director, Datuk Mohamed Nizam Abdul Razak, the brother of former prime minister Datuk Seri Najib Tun Razak, has resigned.

Datuk Mohamed Nizam Abdul Razak(pic), the brother of former prime minister Datuk Seri Najib Tun Razak

Nazir leaves CIMB after 29 years at Malaysia's 2nd largest bank

PETALING JAYA: It’s the end of an era for the country’s second-largest lender, CIMB Group, as its chairman Datuk Seri Nazir Razak, the face behind the group, will leave, effective Dec 31 this year.

Nazir’s announcement confirms a June 30 StarBizWeek article which stated that he was on his way out and the search for his successor had begun.  Nazir is the youngest brother of ex-prime minister Datuk Seri Najib Tun Razak, who was ousted in the recent general election and is now facing a string of corruption charges.

Still waiting on election promises

Will the Government deliver or are rosy pledges meant to be broken anyway?

Nazir Razak to leave CIMB

KUALA LUMPUR: CIMB Group Holdings Bhd announced on Monday that its chairman, Datuk Seri Nazir Tun Razak, will be leaving the group by Dec 31, 2018.

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Petra Energy’s director Nizam Razak resigns

KUALA LUMPUR: Petra Energy Bhd announced on Monday that a director Datuk Mohamed Nizam Abdul Razak, the brother of former prime minister Datuk Seri Najib Tun Razak, has resigned.

Annuar Musa: No reason to kick out Umno from BN for working with PAS

KUALA LUMPUR: Umno secretary-general Tan Sri Annuar Musa has dismissed a call from MCA for the party to be kicked out from Barisan Nasional for working with PAS, saying the call was “irrelevant”.

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96% drop in Malaysia's consolidated account - Where has all the money gone?

PUTRAJAYA: Former Prime Minister Datuk Seri Najib Tun Razak should explain why the consolidated revenue account had dropped by 96% or RM11.41bil between Dec 31, 2017 and April 30, 2018, says Finance Minister Lim Guan Eng.

Where has all the money gone? Lim said Najib left the new Pakatan Harapan government only RM450mil on April 30, 2018.  “The total of RM11.86bil in the consolidated account as at Dec 31, 2017 had dropped to RM450mil as at April 30 due to overspending in the four-month period from January 2018 to April 2018. Clearly, this was ‘general election expenses’ to help Barisan Nasional win the 14th General Election,” he said.

Najib lists 17 questions to clear up Guan Eng's 'manipulative' statements on economy

PETALING JAYA: The war of words between former prime minister Datuk Seri Najib Tun Razak and Finance Minister Lim Guan Eng over the country's economy shows no sign of slowing down.

Lim urges Najib to explain RM11.41bil drastic drop in Consolidated Revenue Account

PETALING JAYA: Lim Guan Eng has urged former prime minister Datuk Seri Najib Tun Razak to explain the drastic drop in the Consolidated Revenue Account, adding that the monthly financial statements of the Government was prepared by the Accountant General Department.

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