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US DOJ repatriates another US$452 million in 1MDB funds to MalaysiaKUALA LUMPUR : The US Department of Justice (DOJ) has repatriated US$452 million in misappropriated funds from 1Malaysia Development Bhd (1MDB), it said in a statement on Thursday (Aug 5), bringing the total amount recovered from the corruption scandal to US$1.2 billion. The funds, which were repatria
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US DOJ repatriates another US$452 million in 1MDB funds to MalaysiaKUALA LUMPUR : The US Department of Justice (DOJ) has repatriated US$452 million in misappropriated funds from 1Malaysia Development Bhd (1MDB), it said in a statement on Thursday (Aug 5), bringing the total amount recovered from the corruption scandal to US$1.2 billion. The funds, which were repatria
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia's AirAsia nets US$56.8 million from Fly Leasing mergerKUALA LUMPUR : Malaysia's flagship budget carrier AirAsia Group Bhd earned US$56.83 million from a merger between Fly Leasing Limited and Carlyle Aviation Partners, it said in a statement on Thursday. Carlyle in March announced it would buy Fly Leasing for an enterprise value of US$2.36 billion.Air
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Australia to establish US$280 million reparations fund for 'stolen generation'SYDNEY : Australia will create a AUS$380 million (US$280 million) reparations fund for members of its indigenous population who were forcibly removed from families, Australian media reported on Thursday (Aug 5), months after 800 survivors filed a class action lawsuit. Under the compensation scheme, eligibl
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia’s former minister Syed Saddiq claims trial to two charges of money laundering involving RM100,000JOHOR BAHRU: Former Malaysian youth and sports minister Syed Saddiq Syed Abdul Rahman pleaded not guilty at the Sessions Court on Thursday (Aug 5) to two charges of money laundering amounting to RM100,000 (US$23,700).
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Daily Covid-19 cases at another record high as Malaysia notches 20,596 new infections
Source: TODAYonline - 🏆 1. / 99 Read more »