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WE refer to the article “Wee: Allocation given out” (The Star, Nov 23). It has been pointed out that the funds allocated by Prime Minister Datuk Seri Najib Tun Razak for Chinese vernacular schools was actually RM50mil and not as reported.
WASHINGTON (Reuters) - Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could put Trump at risk of violating an obscure constitutional clause, some legal experts say.
BOSTON/LONDON (Reuters) - Hedge funds will likely attract billions of dollars in new money in the next six months after posting solid returns in the first half even as Wall Street's sell-off, sparked by Greece's debt drama, took a bite out of some managers' June returns.
PETALING JAYA: The money Umno received from 1MDB has all been used up, and the funds currently forfeited by the Malaysian Anti-Commission Corruption should be returned as it is "clean party funds", claims Datuk Seri Mohamad Hasan.
KUALA LUMPUR (Bernama): The top leadership of Parti Pribumi Bersatu Malaysia (Bersatu) has been urged to consider a mechanism of salary cuts for its members holding government or agency posts to resolve the problem of lack of funds that is plaguing the party.
PARIS (Reuters) - Sovereign wealth funds managing more than $2 trillion (1.51 trillion pounds) are to lay out a strategy on Friday in Paris to pressure companies to be more climate-friendly, French officials said.
PETALING JAYA: Three NGOs are calling on Switzerland to return unclaimed funds linked to 1Malaysia Development Bhd (1MDB) to the Malaysian people.
UNITED NATIONS (Reuters) - The United States and South Africa struck a deal on Thursday to allow the release of $1.5 billion in frozen Libya funds for humanitarian aid and other civilian needs, U.N. diplomats said on Thursday.
SEREMBAN: An umbrella body for five non-governmental organisations is appealing to the Government to release approved funds to allow some 6,500 preschoolers from poor families to continue with their education.
KUALA LUMPUR: Former premier Datuk Seri Najib Tun Razak has reiterated that he had no role in the alleged embezzlement of 1Malaysia Development Berhad (1MDB) funds.