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Bank Negara will investigate the case of funds from several local bank accounts being transferred to overseas accounts without the account holders' permission, said Deputy Prime Minister Datuk Seri Najib Tun Razak.
WASHINGTON (Reuters) - President-elect Barack Obama vowed to restructure a financial rescue plan to save more U.S. families from home foreclosures, as he considered on Sunday whether to seek additional funds from a $700 billion bailout program.
Chinese educationists have given the thumbs up to the move to channel funds direct to boards of directors of Chinese schools.
The high-powered committee for Bumiputera entrepreneur development, which was set up last month, will study the effectiveness of the various funds established by the government to assist Bumiputera entrepreneurs.
KUCHING: The scholarships for Palestinian students in Malaysia announced by Prime Minister Tun Dr Mahathir Mohamad will not involve public funds, according to a DAP lawmaker.
PETALING JAYA: Controversial Muslim preacher Dr Zakir Naik has allegedly amassed assets worth Rs193 crore (RM113mil) by diverting funds and donations received from Islamic countries that were meant for the “welfare of Muslims”, says a news report.
KOTA KINABALU: The Auditor-General’s Report 2017 on Sabah which showed a surplus in the state consolidated funds is a clear repudiation of Parti Warisan Sabah-led government’s claims that the previous government mismanaged state funds, says state Umno liaison chief Datuk Seri Hajiji Noor.
PETALING JAYA: Datuk Seri Najib Tun Razak has claimed that state funds such as Amanah Saham (ASB), Employees Provident Funds (EPF), Armed Forces Fund (LTAT), and Tabung Haji will be paying out less dividends this year.
KUALA LUMPUR: Lim Kit Siang must use the law to prove that MCA's election funds were from 1Malaysia Development Berhad (1MDB), says lawyer Gan Ping Sieu.
GEORGE TOWN: With funds running low, the National Heritage Department is appealing to the Finance Ministry for assistance.