News by THEEDGEMARKETS.COM

Alias was being grilled by defence counsel Datuk Akberdin Abdul Kader on MoE’s involvement in requesting for the advanced payment for Jepak, before Justice Mohamed Zaini Mazlan intervened.

According to Messr Shafee & Co counsel Noor Farhah Mustaffa, the whole 1MDB defence team has been instructed to self-quarantine as there is a risk that the coronavirus could spread.

Shahrol has been on the witness stand since September last year, when he took six days to read and explain his 270-page witness statement.

Health Ministry director-general Noor Hisham Abdullah said Case 131 who returned to Pahang started to experience symptoms of fever, cough and flu on March 4 before having shortness of breath on March 8 and was admitted to Bentong Hospital the same day.

Justice Rozina decided to recuse herself from hearing the case as her brother Datuk Norazman Ayob, who is a 1MDB director, is also a potential witness in the case.

At a glance, investors have been taking profit after JAKS shares rose to RM1.54 on Feb 21, 2020.

In a statement today, ICAEW, however, said growth is expected to spring back to 4.5% in 2021, supported by accommodative macro policies and fiscal stimulus.

"The impact (of COVID-19) to the market is tremendous. People are not travelling. Businesses not operating as they used to be and the aviation landscape has changed tremendously. MAG is not spared from all of this."

The revision comes at a time when it forecasts Genting Bhd’s near-term capital expenditure to peak in 2020.

This relates to the condos in Pavilion Residences which are also subject to forfeiture by the Malaysian government, as they had been used to house the items acquired from proceeds allegedly obtained using 1Malaysia Development Bhd (1MDB) funds.