tk88 bet

Former Malaysian PM accused of tampering with 1MDB final audit report

Former Malaysian Prime Minister Najib Razak was taken to court on December 12 to face charges that he tampered with the final audit report into the investment fund 1Malaysia Development Berhad (1MDB).
Former Malaysian PM accused of tampering with 1MDB final audit report ảnh 1Former Malaysian Prime Minister Najib Razak (centre). (Photo: AFP/VNA)

Hanoi (VNA) –Former Malaysian Prime Minister Najib Razak was taken to court on December 12 to facecharges that he tampered with the final audit report into the scandal-hit stateinvestment fund 1Malaysia Development Berhad (1MDB).

Najib was accused of usinghis position as prime minister to order the then Auditor-General to remove certainmatters from the report.

It is the latest in a stringof charges against him in relation to the scandal.

Taken to the court this timetogether with the Malaysian former PM was former 1MDB president Arul KandaKandasamy who faces same charges.

Two days ago, Najib wasarrested by the MACC, minutes after he arrived at the MACC headquarters for afresh round of questioning over 1MDB-related issues. He was then freed on abail.

On November 25,Auditor-General Tan Sri Madinah Mohamad revealed that the final audit report on1MDB had been tampered with and the matters dropped from the report were on thepresence of fugitive businessman Low Taek Jho, also known as Jho Low, at a 1MDBboard meeting.

Jho Low, who used to do consulting work for the 1MDB, has been accused of moneylaundering relating to the fund by both Malaysia and the US.

Najib has now been hit with atotal of 38 charges of corruption, money laundering and breach of trust sincelosing power, most of them related to the 1MDB.

Najib founded the 1MDBinvestment fund in 2009, supposedly to serve Malaysia’s development through globalpartnerships and foreign direct investment.

However, it became the centre of a money laundering scandal, allegedly causinglosses of up to 3.7 billion USD and leading to probes into the financialmarkets in several countries such as the US, Switzerland, Singapore, Malaysiaand China.

After assuming power,Malaysian PM Mahathir Mohamad declared to give priority to addressingcorruption and taking back losses of the fund. The Malaysian government has setup a task force to look into the scandal with help from the US, Switzerland,Singapore, Canada and other countries.-VNA
VNA

See more

Malaysia's Petronas Twin Towers (Photo: AFP)

Malaysia plans sales, service tax hikes

The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
Philippines seizes 175 million USD meth haul

Philippines seizes 175 million USD meth haul

Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
Permanent Secretary of the Thai Ministry of Commerce, Vuttikrai Leewiraphan. (Photo: thainews.prd.go.th)

ꦆ Thailand engages USTR on five-point trade proposal

Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
(Photo: Malay Mail/Firdaus Latif)

Malaysia sues Telegram over harmful content

This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|