(C)Bloomberg
Last updated on May 13th, 2021 at 05:47 am
KUALA LUMPUR – Prime Minister Tan Sri Muhyiddin Yassin has ordered to seek the return of funds allegedly misappropriated from its strategic investment fund 1Malaysia Development Bhd (1MDB).
Prime Minister’s Office (PMO) said the prime minister was informed that the authorities have successfully reclaimed RM1.4 billion worth of funds stolen from 1MDB and that a special team is continually tracking down the state investment firm’s funds abroad.
“This morning, PM Muhyidding was briefing by the officials responsible to track 1MDB funds overseas.” The special team will be represented by the Attorney General’s Chambers, the National Financial Crime Centre , MACC, Royal Malaysia Police , Bank Negara Malaysia and the Ministry of Finance.
For K-pop fans, the Christmas season this year has become even more magical as several of their preferred stars reveal…
After Suzy Bae's nomination as Celine's worldwide ambassador, the venerable French luxury fashion company has taken another bold step choosing…
Thousands of users of the well-known social network Reddit were left without access after a major outage of the website.…
Anne Hathaway is slated to play the much expected film version of Colleen Hoover's best-selling book Verity in front of…
Gucci is ready to change its presentation approach for 2025 in a radical action aimed to revolutionize the fashion industry.…
As world investors wait for significant changes that might solve long-standing problems of governance and responsibility in South Korea's companies,…
This website uses cookies.
Read More