Romanian politician and ex-president's daughter get jail terms for corruption

BUCHAREST (Reuters) - A Romanian court sentenced a former government minister as well as the daughter of former president Traian Basescu to jail on Tuesday for money laundering and instigating others to take bribes in a 2009 presidential campaign financing case.

Singapore: Hotels, travel agents and tour guides licence fee waivers extended to end-2021; 8 new imported cases on Tuesday (March 2)

Licence fee waivers for hotels, travel agents and tour guides will be extended to the end of 2021 as part of efforts to aid the recovery of the tourism sector.

Adam Rosly loses appeal to set aside conviction, six months' jail, fine

PUTRAJAYA (Bernama): The Court of Appeal has upheld the conviction, six months' jail term and RM30,000 fine on former Ampang Angkatan Muda Keadilan (AMK) chief, Datuk Adam Rosly Abdullah for giving false statements and submitting fake documents to the Malaysian Anti-Corruption Commission (MACC).

Uncovering illegal financial flows in corporate Malaysia

Trading ideas: HeiTech, Sime Darby Plantation, AMMB, Advancecon, Uzma

KUALA LUMPUR: HeiTech Padu Bhd, Sime Darby Plantation Bhd, AMMB Holdings Bhd, Advancecon Holdings Bhd and Uzma Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.

Factbox: France's Sarkozy faces more than one criminal investigation

PARIS (Reuters) - Former French president Nicolas Sarkozy was found guilty on Monday of corruption and influence-peddling and handed a three-year sentence.

AmBank Group posts RM264mil earnings in Q3

Lower revenue, net impairment drags down results

Islamic banking continues to expand

KUALA LUMPUR: Malaysia’s Islamic banking sector continued to expand amid economic challenges brought on by the Covid-19 pandemic, said Fitch Ratings.

France's Sarkozy convicted of corruption but likely to avoid jail

PARIS (Reuters) - Former French President Nicolas Sarkozy was found guilty of corruption on Monday and sentenced to three years in prison, a stunning fall from grace for a man who for five years bestrode the national and global stage.

MACC fails to forfeit RM2.7mil belonging to Selangor Umno

KUALA LUMPUR (Bernama): The Malaysian Anti-Corruption Commission (MACC) has failed in its bid to forfeit RM2,738,525.08 allegedly linked to 1Malaysia Development Berhad (1MDB) funds that was sealed in the account of Selangor Umno liaison committee.