News about Malaysia

  KUALA LUMPUR (April 4): The sale of 1Malaysia Development Bhd’s (1MDB) superyacht Equanimity is historic, by any measure, said Attorney-General (AG) Tommy Thomas.

  KUALA LUMPUR (April 4): In holding the office of the prime minister, the nation’s highest elected public officer and head of government, Datuk Seri Najib Razak obtained RM42 million gratification by giving the government guarantee for RM4 billion loan granted to SRC International Sdn Bhd, a former subsidiary of 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (April 4): The highly anticipated trial of Datuk Seri Najib Razak involving the transfer of millions of funds from SRC International Sdn Bhd, a former 1Malaysia Development (1MDB) subsidiary, began at the High Court here yesterday, eight months after he was first charged.

  KUALA LUMPUR (April 4): The trial of Datuk Seri Najib Razak, the former prime minister and finance minister, is a demonstration that everyone is equal before the law, said Attorney-General Tommy Thomas in his opening statement.

KUALA LUMPUR (April 3): Finance Minister Lim Guan Eng said today the amount of money and effort to maintain and service superyacht Equanimity is "very taxing" because the government incurred some RM14.

KUALA LUMPUR (April 3): Finance Minister Lim Guan Eng revealed today the offer letter from an interested party to acquire a building in Hong Kong that houses the Consulate-General of Malaysia's office for RM1.

  KUALA LUMPUR (April 3): The acquisition of the Equanimity superyacht will provide Genting Malaysia Bhd (GenM) with a competitive edge, according to the group.

  PUTRAJAYA (April 3): The court yesterday fixed tomorrow to hear former prime minister Datuk Seri Najib Razak’s review application on the apex court’s decision to lift the stay on his SRC International Sdn Bhd trial.

  KUALA LUMPUR (April 3): Malaysia-based company Genting Malaysia Bhd or its special purpose vehicle (SPV) has agreed to purchase the controversial luxury yacht "The Equanimity" for US$126 million.

KUALA LUMPUR (April 2): The government is not in position to decide on whether former prime minister Datuk Seri Najib Razak’s SRC International Sdn Bhd trial should be telecast live, said Deputy Minister in the Prime Minister’s Department Mohamed Hanipa Maidin.