News by Syahirah Syed Jaafar

Datuk Maliami Hamad, who was the ministry’s secretary (management, loan, capital market and actuarial) before he retired, said he was instructed by his superior, MoF’s secretary-general Tan Sri Wan Abdul Aziz Wan Abdullah, to process the former 1Malaysia Development Bhd (1MDB) subsidiary’s government guarantee application, after receiving instruction from “top people” during cross-examination by lead defence counsel Tan Sri Shafee Abdullah.

However, the loan was disbursed months before the government guarantee was given.

Retired MoF senior official says he was pressured to prepare the document

Sequerah said the court is concerned with the undue prolonging of the case as OBYU's lawyers had wanted to fix a date in August.

This follows High Court judge Sequerah's refusal to grant an adjournment requested by AG Thomas for the August and September trial dates.

The Practice Note 17 (PN17) status company said in a filing yesterday that it is selling the unit, measuring 277.97 square metres, in the Belezza Permata Hijau apartment building, to an individual buyer for 4.65 billion rupiah (RM1.35 million).

To’ Puan Azian Mohd Aziz, Professor Xiao’ou Tang and Lau Seng Yee's appointments to the Malaysian sovereign wealth fund's board of directors are effective Wednesday (June 26).

The government agency said it has just completed two separate open tender exercises to appoint its Technical Advisory Consultant (TAC) and Commercial Advisory Consultant (CAC) for the rail project.

George Kent chairman Tan Sri Tan Kay Hock said the results were credible despite a small loss from the Light Rail Transit 3 project as construction works had yet to begin.

New chief will be taking on the challenge to manage the govt agency’s RM8 billion debt