News by Adam Aziz

Solarvest was also the day’s most active counter on Bursa, with 262.94 million shares traded.

Yeo said there is lack of power supply in the central region, coupled with the limited transmission capacity from the northern and southern region that will not be able to feed the demand in case there is power shortage in the central region.

The shareholders are Ng Wai Yuan, Datin Sek Chian Nee, Low Swee Foong and Datuk Tan Wei Lian

This means the government would then lose out on corporate taxes and income taxes as a big part of taxes are paid by tycoons, he said.

This was revealed by defence counsel in the 1MDB-Tanore trial, Tan Sri Muhammad Shafee Abdullah, who produced valuer Edward L Morse's letter of appointment to estimate the worth of the oil and gas assets.

Justo provided emails and documents to The Edge and Sarawak Report sometime in February 2015, which helped in the 1MDB exposés that year.

“There could be some charges dropped ... I can’t imagine which charge (where the High Court) can call (Najib) for defence, because all the charges were poorly (executed),” said Shafee.

The defence's argument is basically the authenticity of the documents is being questioned, and the court should not admit them.

This follows a two-day break, during which Najib attended the SRC trial where the defence and prosecution made their oral submissions on the seven criminal charges over the embezzlement of RM42 million from 1MDB’s former unit SRC International Sdn Bhd.

This was also why Najib did not issue any statement to the public when he found out about the issue, counsel Tan Sri Muhammad Shafee Abdullah told a press conference after submitting in court at the close of the prosecution case in the SRC trial.