• 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
  • 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
  • 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
  • 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
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  • 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
  • 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
  • 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
  • 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
  • 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
  • Man suspected of killing sister, mother and her partner found dead

    — File picOXFORD, May 26 — A 21-year-old British man suspected of killing his six-year-old sister, his mother and her partner was found dead yesterday after a huge manhunt, police said. His six-year old sister Derrin, mother Janet Jordon, 48, and Jordon’s partner Philip Howard, 44, were found stabbed to death on Saturday in their home in Oxfordshire, south east England. Flowers and teddy bears were left in tribute at Derrin’s Oxfordshire primary school All Saints, as families gathered to pay their respects. All Saints head teacher John Myers described Derrin as “beautiful, gentle, quiet, smiley, happy, precious, a lovely girl”.

    The Malay Mail Online | All 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
  • 100 Quarters to be demolished beginning tomorrow, says MRCB - The Malaysian Insider

    – The Malaysian Insider file pic, May 26, 2015.Work to demolish the 99-year-old 100 Quarters in Brickfields, Kuala Lumpur, will start tomorrow, developer Malaysian Resources Corporation Bhd (MRCB) said today. MRCB executive vice-president Datuk Dell Akbar Khan said the former government quarters would be demolished due to safety and security reasons. "The place is now a hazard as the vacant units have been vandalised and a hangout for undesirable elements including drug addicts," he said at a briefing for editors at MRCB's head office in KL Sentral.

    The Malaysian Insider 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
  • Two foreigners drown after being chased by a man while sightseeing

    — File picKUALA LUMPUR, May 25 — Two foreign women are missing and feared drowned in Sungai Klang, Brickfields here, while two others were rescued in an incident yesterday. Seputeh Fire and Rescue Station chief, Japari Tajuddin said a group of five women, aged 18 to 20 years, were purportedly chased by a man on a motorcycle while they were sightseeing, resulting in four of them to jumping into the river in the 7pm incident. The three rescued women were taken to the Brickfields District Police Headquarters to have their statements recorded. “Currently, firemen from the Hang Tuah Fire and Rescue Station are conducting a search and rescue operation along the river using torchlights but are hampered by the darkness,” he said.

    The Malay Mail Online | Malaysia q
  • Tiger ‘unintentionally’ mauled Thai abbot at controversial Tiger Temple, doctor says

    — File picBANGKOK, May 25 — A tiger that mauled the abbot of a Thai temple under fire over the welfare of dozens of big cats in its care “didn’t intend” to attack him, the monk’s doctor said today. Wat Pha Luang Ta Bua in western Kanchanaburi province — commonly known as the “Tiger Temple” — is home to nearly 150 tigers and has long drawn tourists who flock there to be photographed next to the monks’ feline pets. But the monastery has also had a controversial reputation among animal rights groups and Thai wildlife officials who say it is breaking the law in keeping the cats. On Saturday, abbot Luang Ta Jan, 64, was admitted into intensive care at Thanakarn Hospital with injuries including a bleeding facial wound as well a broken arm and tooth, his doctor and hospital director Sahathep Sawarngnet told AFP.

    The Malay Mail Online | All 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
  • Human trafficking victim: We were treated like animals

    — Pictures by Firdaus LatifKUALA LUMPUR, May 26 — Following the discovery of mass graves where hundreds of starved and tortured migrants from Myanmar and Bangladesh were buried at abandoned detention camps in Wang Kelian and Padang Besar, Malay Mail met up with Mohd Junaid Ahmad Mohd Yunus, 29, who made the perilous journey from Myanmar to Thailand by boat and by foot to Malaysia four years ago. He recalls that Myanmar army personnel had warned that those living in his village would either end up dead or become slaves to human traffickers if they did not flee the country. After surviving the human trafficking camp in Thailand, he was able to integrate into the Rohingya community in Malaysia.

    The Malay Mail Online | Malaysia q
  • Absurd to seek 30-day delay to 1MDB probe, Gerakan Youth tells Arul Kanda, Shahrol

    — File picKUALA LUMPUR, May 26 — Gerakan Youth today condemned the current and former 1Malaysia Development Berhad (1MDB) chief executives for skipping today’s Public Accounts Committee (PAC) hearing, saying their absence would would lead to further speculation on the firm’s allegedly dubious deals. “The request of 30 days extension is absurd.

    The Malay Mail Online | Malaysia q
  • Khazanah to meet MAS unions on job cuts this afternoon - The Malaysian Insider

    – Reuters pic, May 26, 2015.Khazanah Nasional Bhd is expected to speak to Malaysian Airline System Bhd (MAS) unions on the airline's planned employment termination in a meeting scheduled at 1pm today, sources said. Sources said MAS chief executive officer Christoph Mueller and administrator Datuk Mohammad Faiz Azmi might attend the meeting. There might be some good news for employees leaving MAS," a source told theedgemarkets.com. However, another source said it was not known if Khazanah would reveal to the unions the "formula" under the re-employment and severance package's terms and conditions for soon-to-be terminated employees.

    The Malaysian Insider q