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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.
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”.
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.
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.
PETALING JAYA: Investigations into alleged graft at Koperasi Telekom Malaysia Bhd (Kotamas) have unearthed an interesting lead.
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.
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.
From S. MATHANA AMARIS FIONA of Puchong
Leaders must take action before irretrievable damage is done to Malaysia, says group.
From TAN SRI DR KHOO KAY KIM, Emeritus Prof of Malaysian History, Univesiti Malaya