THE Grab Holdings Ltd-led digital bank in Malaysia is expected to form a five-member board led by Datuk Zaiton Mohd Hassan the former chairman of Bank Pembangunan Malaysia Bhd (BPMB) as chairman, according to several sources. “They’ve nominated the names and are awaiting final approvals from the central bank. It’s going through the process,” one of the sources tells The Edge.
KUALA LUMPUR (Dec 2): Alliance Bank Malaysia Bhd is disposing of its stockbroking business to stockbroking firm Phillip Futures Sdn Bhd, as part of the banking group’s strategic plan to re-prioritise its businesses to accelerate growth in its consumer, small- and medium-sized enterprise (SME) and Islamic banking businesses.
KUALA LUMPUR: An Immigration officer has been hauled to court over charges of graft and money laundering amounting to RM230,990 relating to immigration clearance for foreign nationals at the airport.
Yusrazif Wan Yusoh, 42, was charged with five counts of accepting RM300, RM5,000, RM3,000, RM5,000 and RM1,700 himself from two individuals, Voon Pot Lim and Yuen Hon Loong, both of whom have links to the accused’s official work involving the passage of Filipino and Chinese nationals through the Immigration counter at KLIA2 in Sepang, Selangor.
The offences were allegedly committed at the Alliance Islamic Bank in Putrajaya between Oct 28 and Nov 16 last year.