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Only Jho Low knew why funds were transferred, court told
PUTRAJAYA: Nobody knew why funds from SRC International Sdn Bhd were channelled into the bank accounts of Datuk Seri Najib Razak except for fugitive businessman Low Taek Jho, a figure central to the 1Malaysia Development Bhd scandal, the Court of Appeal heard.
Only Jho Low knows why SRC funds transferred to Najib's accounts, court told
PUTRAJAYA: Nobody knows why the funds from SRC International Sdn Bhd were channelled into the bank accounts of former prime minister Datuk Seri Najib Razak except for fugitive businessman Low Taek Jho, a figure central to the 1Malaysia Development Bhd (1MBD) scandal, the Court of Appeal heard.
AHB declares interim income distribution for the six months ended March 31, 2021
PELABURAN Hartanah Berhad (PHB) – a subsidiary of Yayasan Amanah Hartanah Bumiputera (YAHB) and Maybank Asset Management Sdn Bhd (MAM) – announced the interim income distribution of Amanah Hartanah Bumiputera (AHB) of 2.35 sen a unit for the six-month period ended March 31, 2021.
Share placement to boost AMMB’s capital buffers
PETALING JAYA: AMMB Holdings Bhd’s proposed private placement exercise is expected to partially replenish the group’s common equity tier-1 (CET 1) ratio to 11.7%, according to S&P Global Ratings (S&P).
Lawyer: Jho Low’s mum's bungalow shouldn't be subject to forfeiture
KUALA LUMPUR (Bernama): The High Court here on Monday (April 5) was told that a bungalow in Tanjung Bungah, Penang, owned by Puan Sri Goh Gaik Ewe, the mother of fugitive businessman, Low Taek Jho, or Jho Low, should not be a subject matter on the ongoing forfeiture suit, as it is not related to the 1Malaysia Development Berhad (1MDB) scandal.
Insight - Of learning and future earnings
SCHOOL closures due to Covid-19 have brought significant disruptions to education. The pandemic accelerated the loss of learning and raised inequalities.
Ringgit revisits 4.13 on firmer oil prices, easing US bond yields
KUALA LUMPUR: The ringgit rebounded against the US dollar to 4.13 at the opening today, fuelled by firmer crude oil prices amid the ease of the safe-haven greenback and US bond yields.
