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More measures to protect consumers

PETALING JAYA: A new legislation is being formulated to protect consumers and to ensure that they are treated fairly when they borrow regardless from banks, cooperatives, money lenders or credit companies.

Probe on loan scam, co-operative commission acts

PETALING JAYA: The Malaysia Co-operative Societies Commission (SKM) will investigate allegations that a few co-operatives, including the Malaysian National Co-operative Movement (Angkasa), are involved in a “syndicated loan scam”.

Co-operative Commission to investigate scam allegations

PETALING JAYA: The Malaysia Co-operative Societies Commission will investigate allegations that certain co-operatives are involved in a syndicated loan scam, falsifying payslips for civil servants and employees of government-linked companies.

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Syndicated loan scam

A SYNDICATED loan scam falsifying payslips for civil servants and employees of government-linked companies (GLCs) allegedly involving the Malaysian National Co-operative Movement (Angkasa) and various individual co-operatives is gaining traction and is currently being investigated.

MACC aims Kotamas probe at ministry assistant director

PETALING JAYA: Investigations into alleged graft at Koperasi Telekom Malaysia Bhd (Kotamas) have unearthed an interesting lead.

Teams rush to distribute aid to Sri Lankans

Colombo: Emergency teams rushed to distribute aid to half a million Sri Lankans displaced after the island’s worst flooding in more than a decade, as authorities upgraded the death toll to 146.

Cooperatives need more attention

PETALING JAYA: Serious attention should be given to the cooperatives sector because the members are usually made up of lower-to-middle-income members, said Co­­operative Union of Malaysia adviser Thuraisingham Shun.

Level playing field for all

From S. MATHANA AMARIS FIONA of Puchong

G40 joins call for moderation

Leaders must take action before irretrievable damage is done to Malaysia, says group.

History brought to the forefront

From TAN SRI DR KHOO KAY KIM, Emeritus Prof of Malaysian History, Univesiti Malaya