CEO accountability is under scrutiny as former 1MDB chief executive Datuk Shahrol Azral Ibrahim Halmi returns to the witness stand, with defence lawyers questioning where responsibility lies for decisions that led to the fund’s multibillion-ringgit losses.
During the 1MDB Civil Trial, Liquidator Angela Barkhouse told the High Court that her team traced allegedly misappropriated 1MDB funds through a complex network of 29 offshore entities, while acknowledging that her findings were based on a retrospective reconciliation and that she could not confirm the final total amount recovered.
The short-form video sharing app, TikTok, is the most downloaded app early this year, making politicians scramble to get on the bandwagon
Some five years ago...
Not the time to increase tax rates as economy still recovering but prosperity tax helps
The one-off collection of prosperity tax this year is expected...
Zafrul said to reduce inflationary pressures on the people, the government has provided various consumption subsidies
KUALA LUMPUR - The total amount of subsidies is...
Sebelum kita membicarakan tajuk ini dengan lebih lanjut, terdapat beberapa terma ekonomi dan polisi monetari yang harus difahami terlebih dahulu agar mudah kita memahami...
Tengku Zafrul explained that the federal government will only begin servicing the principal debt once some of the bonds issued by the sovereign fund...
Not a politician and not keen to become one, banker turned Finance Minister Tengku Zafrul Tengku Abdul Aziz is steadfast in remaining a technocrat and ensuring that...