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Najib: Congrats for unnecessarily spooking market with RM1 trillion claim

  • May 25, 2018
In a sarcastic swipe, former premier Najib Abdul Razak congratulated the new government for unnecessarily spooking the market with the RM1 trillion national debt claim. He said this led to sharp falls of the stock exchange this week - capping 14 consecutive days of foreign capital outflows. “This debacle has led to real losses to stock market investors and our GLICs such as EPF, KWAP, Khazanah and Tabung Haji. “I hope and pray that government ministers will be more careful in making
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An advice on managing the economy from a disgraced ex-PM

  • May 25, 2018
YOURSAY| The former finance minister seems to be unaware of how markets work by saying that Harapan's opposition-style debt talk caused markets to sink.Anonymous_1423827415: This downside risk that former prime minister Najib Abdul Razak refers to, with the stock markets sinking slightly, is just temporary.The long-term prospects are bright because investors like transparency and commitment to bring positive changes to our administration. Wastage won’t be tolerated anymore. The bright day
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Almost seven hours later, Najib comes out of MACC hq

  • May 24, 2018
Former prime minister Najib Abdul Razak today spent close to seven hours at the MACC headquarters in Putrajaya, where he was questioned on the SRC International issue Najib walked out of the building about 4.45pm and told reporters that the MACC has finished recording his statement in connection with investigations into the RM42 million from SRC International being transferred into his personal bank account. "I have answered all the questions to the best of my ability. "The MACC has per
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Najib's gov't used money raised from Khazanah to pay 1MDB dues - sources

  • May 24, 2018
Najib Abdul Razak's administration used money raised from a deal with sovereign wealth fund Khazanah Nasional Berhad to pay for some of the liabilities of state fund 1MDB, two sources told Reuters.Khazanah paid the government RM1.2 billion in mid-2017 in exchange for redeemable shares that the Finance Ministry owned, the sources said, adding that the funds were used to pay some of 1MDB’s dues to Abu Dhabi fund IPIC.1MDB had agreed to pay $1.2 billion to IPIC as part of a settlement agreement r
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Senior lawyer: Limit comments on Najib probe to IGP, MACC chief

  • May 24, 2018
Police and officers with the Malaysian Anti-Corruption Commission (MACC) are reminded to maintain their integrity and independence with regard to the ongoing probe on ex-prime minister Najib Abdul Razak.Lawyer Mohd Haniff Khatri Abdulla also suggested that directions be made by the Attorney-General's Chambers or the 1MDB investigations committee led by Abu Talib Othman that only inspector-general of police Mohd Fuzi Harun and MACC chief commissioner Mohd Shukri Abdull be allowed to issue stateme
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Still unrepentant, in denial and delusional

  • May 24, 2018
YOURSAY | ‘On his salary, there is no way he can earn a fraction of what has been discovered.’Najib: I did not steal from peopleTrueglitter: It is said “desperate situation requires desperate measures” which is why the much-embattled former prime minister, Najib Abdul Razak, is pretending to be utterly incoherent and intelligently-challenged with his meaningless rhetoric in face of mounting evidence uncovered by PDRM (Royal Malaysian Police) at various residences linked to his family.The
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Najib at MACC for second round of questioning

  • May 24, 2018
Former prime minister Najib Abdul Razak arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters in Putrajaya at around 9.45am to facilitate investigations into the SRC International Sdn Bhd case.This is the second round of questioning after Najib was grilled for about five hours on Tuesday.According to Najib, the session with MACC two days ago was a more detailed continuation of the questioning it conducted in 2015.SRC International is a subsidiary of 1MDB, until it was placed un
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MACC summons Najib for second round of questioning

  • May 23, 2018
Former prime minister Najib Abdul Razak is required to be present for the second time at the MACC headquarters in Putrajaya at 10am tomorrow to facilitate investigations into the SRC International Sdn Bhd case.MACC deputy chief commissioner of operations Azam Baki, when contacted by Bernama, said Najib needed to record his statement on the matter.Yesterday, Najib was present for the first time at the MACC headquarters to give his statement on the issue. Discrepancies in media reports of GE1
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RM120 million cash seized from Pavilion residences finally counted

  • May 23, 2018
PETALING JAYA: It's about RM120mil - this is what investigators have tallied up, after they finally finished counting the cash in various currencies seized from the Pavilion Residences last week.Sources said officers from the Bukit Aman Commercial Crime Investigation Department (CCID) completed the painstaking task of counting the seized cash at its headquarters at Menara 238 along Jalan Tun Razak on Wednesday (May 23).“The process of counting the cash started on Monday (May 21) as investigato
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M'sians show soft centre for police in 'chocolate' mockery of Najib

  • May 23, 2018
Malaysians have swung behind a social media campaign to hand chocolates to police in a rebuke of ousted leader Najib Abdul Razak, who complained officers combing his family's properties for evidence of corruptionhelped themselves to their sweets.Najib ruled for nearly 10 years and is accused of siphoning millions of dollars from the country's coffers.He fell precipitously from grace after his long-ruling coalition's surprise defeat in a May 9 election.He has consistently denied wrongdoing but a
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