How the 1MDB scandal started and RM5 billion Islamic bond issued

1MDB’s ‘original sin’ and Jho Low The story of 1MDB begins in 2009, in the oil rich east coast state of Terengganu. Flushed with this black gold, the state decides to start a sovereign wealth fund so its riches could last for generations and more. But what transpired between the formation of Terengganu Investment Authority… Continue reading How the 1MDB scandal started and RM5 billion Islamic bond issued

Tun Razak would be ‘heartbroken’ by current state of nation

Tun Razak would be ‘heartbroken’ by current state of nation … He said the National Education Policy in the Razak Report clearly stated that unity should be fostered through education. “Today, we see that the education policy has slowly failed to unite the people. The new generation of various races who attend different streams of… Continue reading Tun Razak would be ‘heartbroken’ by current state of nation

The 1MDB scandal is an election issue for voters

1MDB matters to voters, Pakatan roadshows reveal THE 1Malaysia Development Bhd (1MDB) scandal is an election issue for voters, especially now that they have been given a clearer picture of what has transpired and its impact on the country. The continued traction the subject is having outside the Klang Valley suggests that Pakatan Harapan may… Continue reading The 1MDB scandal is an election issue for voters

DOE found no pollution at illegal factory in Penang

Phee reveals minutes, DOE found no pollution at illegal factory Penang executive councillor Phee Boon Poh revealed that the Department of Environment (DOE) found no pollution at the unlicensed factory in Kampung Sungai Lembu, Bukit Mertajam, in 2015. At a press conference in Komtar today, Phee distributed minutes of a meeting which took place on… Continue reading DOE found no pollution at illegal factory in Penang

Is MACC bold enough to go after 1MDB?

Is MACC bold enough to go after 1MDB? Dr Dzul of Amanah says he doubts it, but he commends the agency for arresting Isa Samad. KUALA LUMPUR: Amanah chief strategist Dr Dzulkefly Ahmad has voiced doubt that the government will allow the Malaysian Anti-Corruption Commission (MACC) to step up investigations into the 1MDB affair and… Continue reading Is MACC bold enough to go after 1MDB?