• 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
  • 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
  • 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
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  • Bukit Antarabangsa folk fear possible slope failure - Community | The Star Online

    SIGNS of slope failure along Jalan Kelab Ukay 7, Taman Kelab Ukay in Bukit Antarabangsa, Ampang have got residents worried. The terrace houses there are less than 100m away from a steep slope that had 60 units of duplex condos at the top. Resident Rosely Shamsudin, 58, feared a recurrence of the 2008 Bukit Antarabangsa landslide where five people were killed and houses of 14 families were destroyed.

    The Star 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • Where did SRC’s RM3.81 billion end up, DAP asks again - The Malaysian Insider

    – Gobi Coal & Energy Ltd screenshot, May 26, 2015.Putrajaya should reveal where RM3.8 billion of SRC International funds had gone to, a DAP lawmaker said today, after it was revealed that its investments in Gobi Coal & Energy Ltd was only valued at US$60 million (RM216 million). Petaling Jaya Utara MP Tony Pua said that Malaysians were interested to know where the money, borrowed from the Retirement Fund Incorporated (KWAP), had gone in light of the 1Malaysia Development Berhad (1MDB) scandal, which has racked up RM42 billion in debts. "In the light of the questionable 'level 3 assets' of RM13.4 billion in SRC International’s former parent, 1MDB which appears to have gone missing, Malaysians are also interested to know if RM3.81 billion, most of which is also classified as 'level 3 asset’ is missing," he said in a statement today.

    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
  • 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
  • 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
  • DAP MP questions absence of Malaysia’s formation in SJK(C) history textbooks

    — File picKUALA LUMPUR, May 26 — The Education Ministry must explain why there is little to no mention of the formation of Malaysia in official history textbooks used by Chinese national-type primary schools, a DAP lawmaker said today, claiming that it implies that Sabah and Sarawak are inconsequential . Sibu MP Oscar Ling Chai Yew claimed that there is no mention whatsoever of Malaysia’s formation in the country’s historical timeline in the Primary 4 textbook, while the only mention of Malaysia’s formation in the Primary 5 textbook was one paragraph stating that Sabah and Sarawak adopted Bahasa Malaysia as the official language.

    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