• Bank Negara confirms told about 1MDB-BSI ‘cash’ issue by Singapore

    — File picKUALA LUMPUR, May 26 —  Bank Negara Malaysia (BNM) today confirmed receiving a report from its Singapore counterpart on a complaint lodged by BSI Bank about 1Malaysia Development Bhd’s (1MDB) account that the Swiss bank was handling. BNM Governor Tan Sri Dr Zeti Akhtar Aziz said the Monetary Authority of Singapore (MAS) had furnished its report on its investigations into the account, which recently caused controversy here when it was revealed that the US$1.103 billion (RM3.985 billion) kept in it was in “units” and not cash as previously claimed. “They have announced to send the report to us and yes, we did receive it,” Zeti said during a press conference on the Labuan Financial Services Authority Annual Report 2014 here today. But she declined to divulge the contents of the report, which former prime minister Tun Dr Mahathir Mohamad previously insisted contained information to show 1MDB lied about having cash in BSI Bank.

    themalaymailonline.com q
  • When an ex-PM accuses the PM of lying

    Kingfisher: It is a sad episode in the annals of our governance culture when a sitting PM is identified for having lied in matters of fiscal responsibility as finance minister by none other than a former PM.

    Malaysiakini q
  • What exactly are 1MDB assets in S’pore bank?

    How could a statement on a paramount issue like 1Malaysia Development Berhad (1MDB) be casually written by a lowly ministry official without the approval of the finance minister whose job is on the line? Wg321: Why is the Finance Minister II Ahmad Husni Hanadzlah dishonest? On March 10, 2015 in a written reply in Parliament, PM Najib Razak said the US$1.103 billion (RM3.9 billion) which were held in the Singapore bank is in the form of cash. This statement had been corroborated by 1MDB president and group executive director, Arul Kanda Kandasamy.

    Malaysiakini q
  • Giant rat photo goes viral on social media | theSundaily

    PETALING JAYA: A photograph of a gigantic rat, allegedly caught during an operation in USJ11, is now making rapid rounds on the the social media. However, there is nothing to get worked up about as this is not a species of some mutated rodent, but merely the result of the angle the photograph was taken.

    thesundaily.my q
  • Nazir Razak berates past, present 1MDB chiefs for ditching PAC hearing

    — File picKUALA LUMPUR, May 26 — Datuk Seri Nazir Razak said it was “unacceptable” for 1Malaysia Development Bhd (1MDB) chief executive Arul Kanda Kandasamy and his predecessor Datuk Shahrol Ibrahim Halmi to miss the Public Accounts Committee (PAC) hearing today. Taking to the Instagram photo-sharing social network, the CIMB Group chairman and brother to Prime Minister Datuk Seri Najib Razak said their intentional absence was insufferable given how the firm’s problems have affected the country. Yesterday, PAC chairman Datuk Nur Jazlan Mohamed said his committee has for now agreed to skip plans to question Arul Kanda Kandasamy and Shahrol as both will be unable to attend a PAC hearing scheduled for today.

    The Malay Mail Online | Malaysia q
  • Ahead of massive job cull, MAS union turns to PM for help… again

    — File picKUALA LUMPUR, May 26 — With reports claiming that up to 8,000 Malaysian Airlines (MAS) employees could lose their jobs tomorrow, an employee union for the airline today said they will seek Prime Minister Datuk Seri Najib Razak’s help should any of their terminated staff fail to be properly reimbursed. In Malay daily Utusan Malaysia’s report today, the Malaysia Airlines System Employees Union (MASEU) said they will plead for Najib’s help if MAS does not reimburse its terminated employees according to their Collective Agreement. The administrator picked by Khazanah Nasional Berhad has full power to decide anything. “The last step would be to appeal to the prime minister,” the union’s secretary-general Ab Malek Ariff was quoted as saying in the daily’s business section.

    The Malay Mail Online | Malaysia q
  • Mysterious fires, voices haunt Bercham family - The Malaysian Insider

    A family in Taman Rima Gamelan, in the Ipoh suburb of Bercham, Perak, claimed they had been haunted by mysterious fires in their house, Sinar Harian reported. The report claimed that the incidents had started after a family member, Mohd Syafiq Hassan, 17, had helped a neighbour who faced similar problems.

    The Malaysian Insider q
  • Bumi equity 50% now if policies carried out, says economist - The Malaysian Insider

    – The Malaysian Insider file pic, May 26, 2015.Bumiputeras would be controlling 50% of all corporate stock in Malaysia had the previous Barisan Nasional (BN) administrations carried out pro-Bumi business policies, said a prominent economist who helped in drafting them for the government. Universiti Malaya's (UM) Tan Sri Kamal Salih said this as Putrajaya pushed its Bumiputera business agenda in the 11th Malaysia Plan (11MP) launched on May 21. Kamal said 11MP’s target of achieving 30% Bumiputera corporate equity would likely fail without structural reforms to the agencies and departments tasked with carrying out the agenda. This is because many of the strategies in the 11MP’s were similar to those created and implemented by the previous administration under Tun Abdullah Ahmad Badawi.

    The Malaysian Insider q
  • Man killed after vehicle crashed at Sunway toll plaza

    A man was killed after his vehicle skidded and crashed into a lane divider at Sunway Toll Plaza, Petaling Jaya early today. Subang Jaya police chief, ACP Yahaya Ramli said the accident at 4.40am near the exit to the Damansara-Puchong Highway (LDP) killed Beh Chee Kong, 41. The transport company manager was driving from Bandar Sunway to Puchong when the vehicle skidded and crashed into a lane divider at the toll plaza. “The initial police investigation found that the road shoulder was unpaved and the road was dry and without sand.

    The Malay Mail Online | Malaysia q
  • Profiteering much? Kayu Nasi Kandar in the soup again over RM20 ladies’ fingers

    The Kayu Nasi Kandar restaurant in Bukit Jambul is in trouble with the Domestic Trade, Cooperative and Consumerism Ministry for the seond time in three days over allegations of overcharging patrons. This time around, an irate customer’s complaint about paying through his nose for ladies’ fingers went viral on social media. The enforcement officers, who visited the eatery yesterday, had paid a call on the restaurant late last week  to investigate a claim it had billed a customer RM2.50 for a roti telur. Restaurant owner and managing director Burhan Muhamad, who was present during the spot check, initially blamed the exhorbitant price of ladies’ fingers on human error, but later pointed the finger at the system.

    The Malay Mail Online | Malaysia q
  • Welcome to ‘char siew’ heaven at Char Siew Yoong, Cheras - The Malaysian Insider

    – The Malaysian Insider pic, May 26, 2015.Good char siew, or barbecued pork belly, is always tender and juicy with a sweet, caramelised glaze. Great char siew is all that, but with a superior choice of cut that has thin layers of fat interspersed with lean meat so each mouthful has an equal meaty bite with a slight burst of fatty juices.

    The Malaysian Insider q
  • Unused Rolls Royce, just another collectible | theSundaily

    KUALA LUMPUR: Just another one of his collections ... A black Phantom Rolls Royce sits unused in Kuala Lumpur after it was purchased for Sarawak Governor Tun Abdul Taib Mahmud when he is in town. According to The Sarawak Report, it was purchased late last year and costs about RM2 million.

    thesundaily.my q
  • Body of Indonesian woman recovered, one more yet to be found | theSundaily

    PETALING JAYA: The body of one of two Indonesian women, who were feared drowned after they and three others jumped into Sungai Klang from a bridge in Brickfields on Sunday, was recovered today. Kuala Lumpur Fire and Rescue Department operation deputy director, Azizan Ismail, said the body was recovered at 12.30pm today in the waters below the Brickfields bridge after they were informed by the police. The two women and the three others, also Indonesians, jumped into the Sungai Klang in what is believed to be an attempt to escape from two men on a motorcycle on Sunday evening.

    thesundaily.my q
  • Outrage after Australian mother abandons children to join Islamic State

    — AFP picSYDNEY, May 26 — A Sydney mother has abandoned her two children and fled to Syria for a new life under the Islamic State group, media reported today, becoming one of more than 100 Australians who have joined the jihadists. The Australian government said it was deeply disturbed by the report and that it was monitoring the situation closely. The Sydney Daily Telegraph said Jasmina Milovanov, a 26-year-old Muslim convert, left her children, aged five and seven, with a babysitter earlier this month and never returned. It cited her ex-husband as saying she sent a text message telling him she was in Syria.

    The Malay Mail Online | All q
  • Tabung Haji: Buyer for TRX land identified, ‘small profit’ expected

    ― Picture by Melissa ChiKUALA LUMPUR, May 26 — Lembaga Tabung Haji confirmed today that it has identified a buyer for its plot of land in the Tun Razak Exchange (TRX) and that the sale will earn the fund a “small profit”. Its chairman Datuk Seri Abdul Azeez Abdul Rahim would not reveal further details on the sale, however, merely saying that the agreement has yet to be finalised. “We will inform soon when it is finalised,” he told reporters after presenting two Proton Preves to the 58th National Level Al-Quran Reading Champions. LTH deputy group managing director and deputy chief executive officer Datuk Johan Abdullah, who is also 1 Malaysia Development Berhad (1MDB) subsidiary Edra Global chairman, was also at the function but did not speak to the media.

    The Malay Mail Online | Malaysia q
  • Minister: How can 1MDB survive with such bad publicity?

    — File picture by Saw Siow FengKUALA LUMPUR, May 26 — 1Malaysia Development Berhad (1MDB) can overcome its financial problems, but the indebted firm is being hampered by negative media coverage and criticism, a minister has said. Urban Well-Being, Housing and Local Government Minister Datuk Abdul Rahman Dahlan pointed out that it was unreasonable to expect any company to continue operating normally with the amount of controversy that greets 1MDB’s every move. Concerned that with all this bad publicity, how can any company survive in this kind of environment where everybody is squeezing them (1MDB) out of oxygen?” he asked Malay Mail Online in a recent interview. Fears that public funds may be used to “bail out” the state-owned firm that reportedly accumulated RM42 billion in debt in just over five years has prompted opposition towards its transactions, both old and new.

    The Malay Mail Online | Malaysia q
  • Government will not interfere with MAS - Nation | The Star Online

    TOKYO: The Government will not interfere in any decision taken by the new Malaysia Airlines administration to turn the airline around. Transport Minister Datuk Seri Liow Tiong Lai (pic) said any decision made by MAS in matters such as downsizing and routes rationalisation was strictly a business and commercial decision. “I will be meeting with the new MAS administration from time to time. “We will give them the cooperation and support,” he said after a bilateral meeting with his counterpart Akihiro Ohta here yesterday.

    The Star q
  • Lord Mayor of London: I’m a Malaysian - Nation | The Star Online

    JOHOR BARU: “Saya adalah orang Malaysia (I’m Malaysian)” were the first few words uttered by the Lord Mayor of London Alan Yarrow as he addressed a crowd here. Yarrow, who visited the Johor Area Rehabilitation Organisation (Jaro) here yesterday with his wife Gilly, was on a two-day working visit to Malaysia, with a special tour to this city. As for Jaro, Yarrow said the organisation held fond memories for him as his mother Paula Yarrow was one of the volunteers at the centre.

    The Star q
  • Najib’s brother says 1MDB no-show ‘unacceptable’ - The Malaysian Insider

    – Instagram screenshot, May 26, 2015.The prime minister's brother Datuk Seri Nazir Razak has described 1Malaysia Development Berhad's (1MDB) failure to testify at the Public Accounts Committee (PAC) hearing scheduled for today as "unacceptable". He was referring to 1MDB group executive director and CEO Arul Kanda and former chief executive officer Shahrol Halmi's abrupt request for a 30-day extension before testifying to the PAC, citing important overseas appointments. The CIMB chairman has been vocal in his criticism against 1MDB, a Finance Ministry-owned state investment vehicle, established in 2009, which has chalked up debts of up to RM42 billion.

    The Malaysian Insider q
  • Marina Mahathir: Sorry, but not heading for departure gate yet

    ― Picture by Saw Siow FengKUALA LUMPUR, May 24 — Those hoping to see the last of Datin Paduka Marina Mahathir will have to keep on waiting, after the social activist who declared she would quit Malaysia if hudud is enforced here today said she is not leaving yet. In a Facebook post to clarify the declaration she made during an interview with Malay Mail Online, the daughter of former prime minister Tun Dr Mahathir Mohamad said that while she was not readying to leave, she stood by her disagreement towards hudud and the growing religious conservatism here. Acknowledging that Malaysia was not yet on the same level as repressive regimes such as Saudi Arabia or Iran, she nevertheless said that the country was headed down the same path where diversity and acceptance were increasingly being eroded. “So no, sorry, I’m not going anywhere because if I did I would be constantly searching for the Malaysia I grew up in, where people did not constantly stand in judgment of one another based on what they wore, when people did not call you a traitor to your community just because you think and are different, where people did not think it’s a good idea to have different laws for different people and believe that’s justice, as some do today.

    The Malay Mail Online | Malaysia q