KUALA LUMPUR (May 9): The management of SRC International Sdn Bhd (SRC), specifically the company’s former chief executive officer Nik Faisal Ariff Kamil, had not complied with the directions of the board to repatriate RM3.6 billion which it had transferred to an overseas bank for a purported investment, the High Court was told here on Thursday.

SRC management did not comply with board’s instruction to repatriate RM3.6b KWAP loan

The former director and chairman of the board of SRC International Sdn Bhd has slammed Datuk Seri Najib Razak for passing the blame to the board for the misappropriation of RM3.6 billion from the company, saying the accusation was nothing more than an afterthought and without basis.

Former SRC director slams Najib for blaming SRC board for misappropriation of RM3.6b, says his accusation a baseless afterthought

Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court here Monday that he has no knowledge as to why the government dropped him as a defendant in 1MDB subsidiary SRC International’s US$1.18 billion (RM5.64 billion) civil suit against former prime minister Datuk Seri Najib Razak and the company's former chief executive officer Nik Faisal Ariff Kamil.

Ex-1MDB CEO Shahrol says doesn’t know why govt dropped US$1.18b SRC suit against him

KUALA LUMPUR (May 3): Muar Member of Parliament (MP) Syed Saddiq Syed Abdul Rahman is seeking a judicial review against Prime Minister Datuk Seri Anwar Ibrahim and the government over RM730,300 in allocations for his constituency.

Syed Saddiq seeks judicial review against PM, govt over unpaid allocations

Former attorney general Tan Sri Mohamed Apandi Ali's special officer could have won her defamation suit against Sarawak Report editor Clare Rewcastle-Brown, if not for a technicality — that all court pleadings must be filed in Bahasa Melayu, according to the High Court judicial commissioner who presided over the case.

Court says Apandi's former aide could have won defamation suit against Sarawak Report editor if not for a technicality

The High Court has ruled that the Joint Management Body (JMB) of Centrestage Petaling Jaya had the right to claim certain areas in the development as common areas and not private areas belonging to the developer and the purchaser.

High Court rules that common areas in Centrestage PJ belong to Joint Management Body

Former prime minister Datuk Seri Najib Razak was never confronted by the Malaysian Anti-Corruption Commission (MACC) on whether Blackstone Asia Real Estate Partners — which received millions from 1Malaysia Development Bhd (1MDB) and transferred it to his private banking account — was controlled or owned by fugitive Eric Tan Kim Loong, an alleged associate of Low Taek Jho or Jho Low.

Court told MACC never asked Najib if he knew who owned shell company that transferred US$30 mil to his account

Malayan Banking Bhd (Maybank) has obtained a summary judgement at the High Court here against ACE Credit (M) Sdn Bhd, ACE Corporation (M) Sdn Bhd, and the company directors Datuk Choong Chee Meng and Chang Ai Nee, for defaulting on a RM46.47 million loan given to them by the bank.

Maybank obtains summary judgement against ACE Corporation, three others for RM46m loan default

The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.

His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.

Appellate court grants Muhyiddin five-member bench for review of charges

1Malaysia Development Bhd (1MDB) on Wednesday failed in its bid to have its US$250 million suit against Riza Aziz, Red Granite Pictures Inc, and Red Granite Capital Ltd heard by the same High Court, where a related 1MDB claim involving Riza's stepfather Datuk Seri Najib Razak is set to commence.

1MDB fails in bid to transfer suit against Riza Aziz and Red Granite to another court

It’s official: PH-DAP’s Pang Sock Tao has won the Kuala Kubu Bahru by-election with a 3,869 vote margin

NEWS: PH retains Kuala Kubu Bahru

PH-DAP’s Pang Sock Tao talks about her priorities following her victory in the Kuala Kubu Bahru by-election

NEWS: Pang vows to resolve constituents’ woes

Donald Trump said on Saturday that former Republican presidential candidate Nikki Haley was not being considered to be his running mate in the November election, dismissing a report by news site Axios.

Trump says not considering Nikki Haley as running mate

It’s official: PH-DAP’s Pang Sock Tao has won the Kuala Kubu Baharu by-election with a 3,869 vote margin

NEWS: PH retains Kuala Kubu Baharu

PH-DAP’s Pang Sock Tao talks about her priorities following her victory in the Kuala Kubu Baharu by-election

A total of 268 electric vehicle (EV) charging stations have been operational, bringing the total number of EV charging bays to 2,288 units as of March 2024, according to the Ministry of Investment, Trade, and Industry (Miti).

Miti: 2,288 EV charging stations installed as of March

A total of 12 police reports for various offences were received with five investigation papers opened during the Kuala Kubu Baharu state by-election campaign period that ended on Saturday.

Twelve police reports lodged, five investigation papers opened over Kuala Kubu Baharu by-election

Pakatan Harapan’s (PH) victory in the Kuala Kubu Baharu (KKB) state by-election was widely expected by political analysts. 

Even so, they had expected it to be closer fought.

PH's victory margin wider than expected in Kuala Kubu Baharu by-election, say analysts

Pakatan Harapan-DAP’s (PH-DAP) Pang Sock Tao has emerged victorious in the Kuala Kubu Baharu (KKB) state by-election, with a 3,869-vote margin over Perikatan Nasional-Bersatu (PN-Bersatu) candidate Khairul Azhari Saut.

PH wins in Kuala Kubu Baharu by-election with a majority of 3,869 votes

New bank lending in China fell more than expected in April from the previous month, the central bank has revealed on Saturday, even as it seeks to bolster the country's economic recovery in the coming months with new stimulus measures.

China's April new bank loans fall more than expected to 730 bil yuan

Pakatan Harapan-DAP’s (PH-DAP) Pang Sock Tao has emerged victorious in the Kuala Kubu Baharu (KKB) state by-election,&nbsp;with a&nbsp;3,869-vote margin over Perikatan Nasional-Bersatu (PN-Bersatu) candidate Khairul Azhari Saut.

The Ministry of Transport (MOT) has never allowed any e-hailing&nbsp;service provider to use the price bidding system for passengers in the country, said Minister Anthony Loke Siew Fook.

Loke says e-hailing price bidding system never approved by MOT

Bursa Malaysia’s average daily trading value (ADTV) jumped 42% to RM2.9 billion in the first four months of 2024 (4M2024), showing the vibrancy of the local equity&nbsp;market since early this year.

Bursa's average daily trading value jumps 42% to RM2.9b in 4M2024

Pakatan Harapan’s (PH) victory in the Kuala Kubu Baharu (KKB) state by-election was widely expected by political analysts.&nbsp;

Even so, they had expected it to be closer fought.

A viral message claiming that Malaysia is the first Asean member country sanctioned by the US is fake, according to Communications Minister Fahmi Fadzil.

Viral message of US imposing sanctions on Malaysia is fake, says Fahmi

The polling process for the Kuala Kubu Baharu (KKB) state by-election, which began at 8am on Saturday, concluded at 6pm when all 18 polling centres were closed.

Polling ends, vote-tallying process begins for Kuala Kubu Baharu by-election

Prime Minister Datuk Seri Anwar Ibrahim will undertake an official visit to Qatar from Sunday to Tuesday aimed at strengthening&nbsp;the long-standing relations and multifaceted cooperation between Malaysia and Qatar, said the Foreign Ministry.

Anwar to undertake official visit to Qatar from Sunday to Tuesday

Embattled Chinese property developer Country Garden said in a statement on Saturday it had repaid two onshore bond coupons before the expiry of a five-day grace period, following missed payments last week.

China's Country Garden repays onshore coupons within grace period

New bank lending in&nbsp;China&nbsp;fell more than expected in April from the previous month, the central bank has revealed on Saturday, even as it seeks to bolster the country's economic recovery in the coming months with new stimulus measures.

Donald Trump said on Saturday that former Republican presidential candidate Nikki Haley was not being considered to be his running mate in the November election, dismissing a report by news site Axios.

A total of 12 police reports for various offences were received with five investigation papers opened during the Kuala Kubu Baharu state by-election campaign period that ended on Saturday.

A total of 268 electric vehicle (EV) charging stations have been operational, bringing the total number of EV charging bays&nbsp;to 2,288 units as of March 2024, according to the Ministry of Investment, Trade, and Industry (Miti).

Timothy Achariam

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Timothy Achariam

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