In a statement issued today, the Finance Ministry said based on calculations according to the Automatic Pricing Mechanism (APM), the retail prices of RON95 petrol and diesel for the same period should have been RM2.29 per litre.
The Malaysian Anti-Corruption Commission, which has filed forfeiture suits against 41 entities in relation to 1MDB-related assets, is seeking RM1.98 million from the Tun Hussein Onn Foundation.
Najib and Shafee's lawyer Sarah Abishegam also confirmed the deferment to reporters, who were told that Justice Mariana had made the decision in her chambers.
“The upgraded rating of Widad Capital’s rating to AA2 positive outlook by RAM reaffirms our growing financial strength and robust business model."
Both companies were to execute a written notice of discontinuance at the High Court of Malaya here in Kuala Lumpur yesterday.
This was in spite of a 2.1% higher quarterly revenue of RM144.35 million, compared with RM141.35 million in 3QFY18, contributed by higher revenue rent and electricity income from Pavilion Kuala Lumpur Mall for supplying electricity to Pavilion Hotel and Pavilion Suites.
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.
This follows what the former premier had said in a meeting that he does not want to destroy the country.
Qaiser said that to date, less than a tenth of the fund has been used to partially subsidise borrowers under the scheme.
Justo provided emails and documents to The Edge and Sarawak Report sometime in February 2015, which helped in the 1MDB exposés that year.
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