News by Emir Zainul

“This is our effort to introduce a progressive tax system on the rich to be distributed to the poor, so that we can reduce the immense wealth gap in our country,” Khairy said. 

Speaking to reporters at the parliament lobby today, Khalid said gazetting the plan is somewhat different from the typical process, as it has been planned in the past and is no longer in the form of a draft.

“I received a letter from Mr Tommy Thomas, Attorney-General, on Thursday, Oct 25, who gave his view to the Parliament’s PAC to postpone sine die the 1MDB proceeding,” said PAC chairman Datuk Seri Dr Ronald Kiandee in a press statement.

"If we want to look forward, there must be some closure with 1MDB. If everyone agrees that Jho Low is the critical piece to solve and close the issues surrounding 1MDB, I will help [to find him]. And when I say personal capacity, I will fund [the expenses] myself," he said.

"The debt shall only be deemed to be fully paid and settled upon the delivery of vacant possession of the units to Ipmuda in accordance with the relevant laws together with the certificate of completion and compliance for each unit."

Hasanah is accused of committing CBT in the Prime Minister's Department in Putrajaya between April 30 and May 9 this year. The charge was made under Section 409 of the Penal Code, which provides a maximum seven years' jail and whipping, as well as a fine upon conviction.

“My conscience is clear,” Najib told the media about his partaking in the decision to divert the funds.

Kiandee said the next and final witness for the proceedings will be current finance minister Lim Guan Eng.

Kiandee told reporters that the investigations will be reopened with summoning the first witness, former Auditor-General Tan Sri Ambrin Buang.

According to deputy PAC chairman Wong Kah Woh, who is also Ipoh Timur MP, the committee will meet Royal Malaysian Customs Director-General Datuk Seri Subromaniam Tholasy later this afternoon.