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PETALING JAYA: There is noticeably higher disclosure in 1Malaysia Development Bhd’s (1MDB’s) latest financial accounts, signed off by one of the big four accounting firms, Deloitte.
KUALA LUMPUR: The Employees Provident Fund (EPF) has dismissed suggestions that its massive assets could be used to help troubled government owned companies.
PETALING JAYA: Retirement Fund Inc (KWAP) has agreed to buy a parcel of land and building that will be its new headquarters at the Tun Razak Exchange (TRX) at a price that is more than 15% lower than what Lembaga Tabung Haji (LTH) had paid for.
KUALA LUMPUR: The Employees Provident Fund (EPF) and Retirement Fund Inc (KWAP) have both invested in 1Malaysia Development Berhad (1MDB) and its subsidiaries.
KUALA LUMPUR: The Employees Provident Fund’s investment in 1MDB totalling RM1.72 bil is still risky even though it is guaranteed by the government, said Pandan MP Rafizi Ramli.
KUALA LUMPUR: The Government did not make any cash payment to 1Malaysia Development Berhad for the takeover of its subsidiary, SRC International Sdn Bhd, on Feb 14, 2012, Parliament was told.
PETALING JAYA: Prime Minister Datuk Seri Najib Tun Razak has refuted allegations against him, assuring that he has never taken funds for personal gain and pointed the finger at Tun Dr Mahathir Mohamad as being responsible for the latest accusations.