RM4b loan from KWAP to SRC was only a scam to gratify Najib, prosecution argues
The defence's argument that SRC's business plan to develop renewable energy for national interest is not supported by facts as there is no evidence to show for it.
Covid-19 cases rise to 2,148, crossing 2,000 mark for first time in 41 days
The last time the country registered daily new infections above the 2,000 mark was on March 5, with 2,154 cases.
SRC appeal: Najib's deferred gratification is irrelevant, says prosecution
The prosecution asserted that the evidence of his conduct had established the former prime minister's clear initial plan to swindle money from the company.
1MDB scandal: Senators urge US Labor Dept to hold Goldman Sachs accountable — report
US senators Elizabeth Warren and Tina Smith said: “We urge you to reconsider and rescind this proposal, which would appear to give EBSA’s blessing to Goldman’s illegal behaviour.”
Malaysia’s Covid-19 data shows R0 at 1.14 times, infection spreading
The national R0 number has been going up since April 10, when it stood at 1.03, to 1.06 on April 11, 1.07 on April 12, 1.09 on April 13, and 1.14 yesterday.
17 cases of South African B.1.351 Covid-19 variant detected
Health director-general Tan Sri Dr Noor Hisham Abdullah said three cases were found in the Jalan Lima cluster, nine from the Kebun Baru cluster, one from the Teknologi Emas cluster and four from the screening of close contacts
SCIB buys loss-making Selangor construction firm to expand biz in Peninsular Malaysia
In a bourse filing, SCIB said the group inked a conditional share sale agreement with three individuals — Noorazylawati Abdul Bakar, Mohd Khairil Mohd Hatta and Ibrahim Mohd Noor — to acquire Kencana Precast Concrete Sdn Bhd (KPCSB). It will settle the purchase via a combination of internal funds and/or bank borrowings.
Prosecution says Najib's 'lame excuses' for not recovering frozen SRC funds shows personal interest
Ad hoc prosecutor Datuk V Sithambaram said Najib was evasive when asked about his plans to bring back RM3.6 billion that had been frozen by the Swiss authorities in 2013, during his cross-examination.
Teladan Setia buys 520 acres of land in Melaka for RM95m to develop houses
"This is in line with our future plans to expand our business of property development in Melaka through acquisition of landbank for future projects that meet the demand of the residential property market in Melaka," the group said in a statement.
Malaysia's new Covid-19 cases climb to 1,889, highest in 40 days
The second highest was 1,854 reported on April 9. This is also the 16th straight day that new Covid-19 cases stay above the 1,000 mark.
