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Covid-19: Kelantan Islamic council encourages face masks in mosques and surau

KOTA BARU: The Kelantan Islamic Religious and Malay Customs Council (MAIK) encourages the wearing of face masks to the mosque and surau to curb the spread of Covid-19. ....

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'I did not meet with Najib'

KUALA LUMPUR: A former 1Malaysia Development Bhd (1MDB) chairman told the High Court that he did not meet with Datuk Seri Najib Razak before his resignation as he suspected that the former prime minister was involved in a sham joint venture (JV) between 1MDB and PetroSaudi International Ltd (PSI) in 2009. ....

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Bakke: I was suspicious that Najib was involved in 1MDB-PSI sham venture

Tan Sri Mohd Bakke Salleh testified that he was “suspicious” that former prime minister Datuk Seri Najib Abdul Razak was “involved in the scheme of things” in regards to 1Malaysia Development Bhd’s (1MDB) PetroSaudi joint venture (JV) in 2009, which eventually spiralled to burn a sum of US$1.53 billion in 1MDB’s coffers. ....

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1MDB audit trial: I resigned because I suspected Najib was involved, says ex-chairman

KUALA LUMPUR: Tan Sri Mohd Bakke Salleh suspected Datuk Seri Najib Razak was involved in a sham joint venture (JV) between 1Malaysia Development Bhd (1MDB) and PetroSaudi International Ltd (PSI) in 2009, the court hears. ....

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Efforts to rehabilitate Felda on the right track

PUTRAJAYA: The Perikatan Nasional government’s plan to rehabilitate the Federal Land Development Authority (Felda) is on the right track, says Minister in the Prime Minister’s Department (Economic Affairs) Datuk Seri Mustapa Mohamed.
This included a decision in October last year where Felda would issue a RM9.9bil sukuk and also take back 351,000ha it leased to Felda Global Ventures Holdings Bhd, now known as FGV Holdings Bhd, under its new recovery plan.
He explained that these measures allowed Felda to reduce its debts by allowing the government to acquire FGV shares.
“So debts will be lowered because the interest rate now is lower compared to when Felda acquired those debts. So that addressed the issue of debts, ” he said to reporters during a joint press conference here on Thursday. ....

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