News by theedgemarkets.com

...on the condition that it does not end up raising the cost of living and becoming a burden to Malaysians, according to the MoF.

“What is in this RM150 billion figure? Why has 1MDB, with debts of RM32 billion and with valuable assets, suddenly (linked to debts of) RM150 billion?” he questioned in the Dewan Rakyat today.

Justice Tengku Maimun in the unanimous decision said the apex court is satisfied that this present application for judicial review is different from the criminal application on the same matter.

This is because the letters and documents contained Shahrol's signature and not Jho Low's.

In a filing to Bursa Malaysia today, Crest Builder Holdings said the contract was awarded to CBSB by Glomac Segar Sdn Bhd.

"(The prosecution was) supposed to have given us a response by today."

The Court of Appeal unanimously ruled that Pua, who is also DAP national publicity secretary, is entitled to damages, which will be assessed by the High Court following the setting aside of the injunction.

“My advice, as an auditor, is that on top of the 55% debt-to-GDP (gross domestic product) ceiling, we could add another 10 percentage points of ceiling for government guarantees to viable projects, and another five percentage points of ceiling for riskier debts from government-owned companies. Because currently, we have no limit to cap government guarantees.

The property, together with ancillary buildings, is presently built upon a portion of leasehold land, with an unexpired 35 years and five months sub-lease term, the REIT said.

After producing a series of documents yesterday, Shafee implied Shahrol could not have been so naive to solely follow Jho Low to the point that he disregarded NAD’s requests for documents.