His lawyer Datuk Hasnal Rezua Merican told reporters today that this was due to his client's case being related to Najib's SRC International Sdn Bhd and possibly 1Malaysia Development Bhd (1MDB) trials.
"... But these cheques were never meant to be encashed and were never encashed ..."
It has been reported that the collaboration led to questionable bond arrangements for 1MDB’s power assset acquisitions that badly affected 1MDB but rewarded Goldman Sachs with hefty fees.
...that took place under the leadership of Lodin, who stepped down as its CEO in September last year.
Ho Hup said it will benefit from the interest savings generated from the utilisation of proceeds raised from the proposed exercise for partial repayment of borrowings, as well as working capital for its construction projects.
“Jho Low responded that it was a ‘good idea’,” said Sharol.
In a bourse filing today, TRC Synergy Bhd said its wholly-owned subsidiary TRC Land Sdn Bhd has today received a withdrawal of the notice of termination by Perbadanan Putrajaya.
The contract is the group's single largest contract win to date, and the third time GDB was contracted to build high-rise residential buildings in Desa ParkCity, the group said in a statement today.
He dismissed allegations by certain quarters that the net direct debt raised had already hit RM58 billion as at Sept 26, saying they are "baseless and false".
The ABM, comprising 26 member commercial banks operating in Malaysia, said in a statement today that these charges were already waived for disabled people and senior citizens segments.
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