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The Alternative View - By M. Shanmugam
IT is difficult not to notice the approach taken by the Commercial Affairs Department (CAD) of Singapore in handling corporate shenanigans that threaten the island republic’s position as the second-best financial centre in Asia after Hong Kong.
PETALING JAYA: Tun Dr Mahathir Mohamad say he does not believe that the RM2.6bil political donation into the private accounts of Datuk Seri Najib Tun Razak was for election spending.
KUALA LUMPUR: Plantations were top losers at the midday break on Tuesday as investor sentiment was battered after the government hiked the levy for foreign workers.
PETALING JAYA: 1Malaysia Development Berhad (1MBD) said it has no knowledge of bank accounts seized by Singapore authorities in connection with possible money-laundering offences.
SINGAPORE (Reuters) - Singapore said on Monday it has seized a large number of bank accounts in connection with possible money-laundering offences related to investigations into alleged financial mismanagement at Malaysian state investor 1Malaysia Development Berhad (1MDB).