Tag: kleptocracy

Pakatan veteran accuses PM Mahathir of authoritarianism

With continued attacks on all sides against Prime Minister Tun Dr Mahathir Mohamad for his talks of the revival of the much-alienated goods and services tax (GST) and for giving the ruling coalition a bad name on the purportedly 'rushed' manifesto, a veteran Justice Party member renewed...

Najib deputy facing highest number of charges in Malaysia

Datuk Seri Ahmad Zahid Hamidi
Former Prime Minister Najib Razak's deputy, Ahmad Zahid Hamidi claimed trial to seven new charges of corruption involving S$4.24mil (about RM12.92mil) yesterday. He is now facing the most corruption charges with a longer list than his ex-boss Najib who is facing up to 42 charges. Accused...

Malaysian court delays Goldman case on 1MDB fund theft

The Malaysian case against Goldman Sachs on charges the US investment bank stole huge sums from the country's 1MDB state fund was postponed Monday until September after defence lawyers argued there was a problem with paperwork. Malaysia filed criminal charges against three units and two...

‘The unimaginable’ kleptocracy

It has been 60 years since we unshackled ourselves from the regime of colonialism, yet we - the people - are still under occupation. We are being sucked dry of any hope of a better future, even as some pursues their unending glory varnished with pink diamond necklaces...

HK regulator fines 1MDB linked bank while Najib suing Pua

The Financial Times said Hong Kong’s banking regulator has fined the local branch of private bank Coutts HK$7m ($901,000) for breaking anti-money laundering regulations. The fine is to do with the bank's connection to Malaysia’s 1MDB scandal. This follows similar fines in Switzerland and Singapore connected...