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Court gives Marcos’ Swiss bank funds to government

The Philippine Supreme Court ruled yesterday that funds from frozen Swiss bank accounts of late dictator Ferdinand Marcos, which have now increased to about US$658mil (RM2.5bil), should be handed over to the government.

Councils receive more funds for roadwork

LOCAL councils and assemblymen received a shot in the arm this year for road works as bigger allocations were given under the Malaysian Road Records Inventory System (Marris).

Greek regulator fines hedge funds over short selling issue

ATHENS/LONDON (Reuters) - Greece's capital markets regulator has fined more than a dozen hedge funds in the past few months for potentially breaching European rules on short selling stocks without borrowing them first, an official from the regulator said on Friday.

Judge blocks some funds Trump sought for U.S.-Mexico border wall

The Trump administration must temporarily halt the use of some Defense Department funds for a border wall with Mexico, a judge ruled on Friday, because the money was not specifically authorized by Congress for construction of the barrier.

YaPEIM will not misuse funds under Pakatan, says Fuziah

KUANTAN: The Malaysia Islamic Economic Development Foundation (YaPEIM) under the Pakatan Harapan administration will not misuse funds, says Deputy Minister in the Prime Minister's Department Fuziah Salleh.

Buskers to raise funds for MDDB at Publika

PETALING JAYA: A group of classical musicians has taken to busking to raise funds to help those in need.

‘Prove MCA got 1MDB funds’

PETALING JAYA: Lim Guan Eng should prove his allegations that MCA has received funds from 1Malaysia Development Bhd (1MDB), says the party.

Wee: How are public funds not used in national car project if Khazanah is involved

PETALING JAYA: As a strategic investment fund under the Finance Ministry, Khazanah Nasional Berhad's partnership with the third national car project would mean public funds would be used, Datuk Seri Dr Wee Ka Siong said.

IGP: Umno has to go through proper channels to get back party funds

KUALA LUMPUR: Umno has to go through the proper channels for the return of party funds it says were seized recently as part of the 1MDB investigation, says Tan Sri Mohamad Fuzi Harun.

Malaysia to review political representation in government-linked funds

KUALA LUMPUR: Malaysian Prime Minister Tun Dr Mahathir Mohamad’s new government will review political representation in the country’s largest government-linked investment firms, including the main sovereign and state pension funds, the funds have said.