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July 31, 2015 10:35 AM 2 charged with insider trading of Ranhill shares

A Ranhill power plant in East Malaysia. Two people are charged with insider trading of Ranhill Power Berhad shares. – Photo courtesy of Securities Commission Malaysia (SC) today charged two people with offences related to insider trading of Ranhill Power Berhad, under the Securities Industry Act 1983. In a statement, the SC said that 46-year-old 4

July 30, 2015 5:48 PM Malaysia's AGC denies drafting charge sheet against PM

The Attorney-General's Chambers (AGC) in Malaysia has denied drafting or issuing an alleged charge sheet against Prime Minister Najib Razak, as claimed by the Sarawak Report whistleblower site. Datuk Tun Abdul Majid Hamzah, who is deputy solicitor-general I (litigation) in the AGC, said this via his Twitter account, said a Malaysian Insider report 13

July 30, 2015 2:34 PM Chinese professor accused of spying by U.S. released on bail

BEIJING (Reuters) - A Chinese professor charged in the United States with economic espionage has been released on bail by a U.S. court, a press official from Tianjin University, his employer, said on Thursday. Zhang Hao was one of six Chinese nationals charged by the U.S. government in May with economic espionage. U.S. authorities said they stole secrets 7

July 30, 2015 1:30 PM Kelantan royalty charged over sale of 'datukship'

The offence under Section 468 of the Penal Code carries a jail term of up to seven years and fine. Deputy Public Prosecutor Nor Dalina Ali applied for the case to be transferred to the Kuala Lumpur Sessions Court for the accused to be tried together with two others who are facing eight counts of cheating to obtain the title of Dato Kerabat Diraja Kelantan 6

July 29, 2015 3:13 AM Court releases despatch rider involved in 1MDB probe

PUTRAJAYA, July 29 ― A despatch rider who was remanded for four days to facilitate investigations into 1Malaysia Development Bhd (1MDB) has been released by the Magistrate's Court. Magistrate Nik Isfahanie Tasnim Wan Ab Rahim ordered the release of the man aged 27 on a Malaysian Anti-Corruption Commission (MACC) bail of RM50,000 with RM10,000 deposited 11

July 28, 2015 4:07 AM Suspects involved in fake Kelantan Datukship charged (Updated)

KUALA LUMPUR: A man and a woman faced eight charges in the Sessions Court today for allegedly cheating people with fake Kelantan Datukship awards involving a total of RM705,000. Unemployed Saharuddin Awang Yahya, 60, and businesswoman and single mother Norzihan Zainal Abidin, 53, pleaded not guilty to all charges for inducing eight people into buying 6

July 28, 2015 3:17 AM ‘Datuk’ held over 1MDB probe released

A managing director of a company with the title of ‘Datuk’ was ordered to be released by Magistrate’s Court in Putrajaya today after being held in remand for four days to facilitate investigations into 1MDB. Magistrate Nik Isfahanie Tasnim Wan Ab Rahim granted the release of the 48-year-old man, the fourth of five individuals who had been held under 18

July 27, 2015 11:19 PM A-G's interim report will not be made public yet

PETALING JAYA: Dewan Rakyat Deputy Speaker Datuk Seri Ronald Kiandee has made clear that the Auditor-General’s interim report on its probe into 1Malaysia Development Bhd (1MDB) will not be made public as yet. He cited Parliament’s Standing Order 85, which stated that documents or evidence presented to the Select Committee must not be published by any member 18

July 27, 2015 9:05 AM Company owner held over 1MDB probe released

The man is believed to be linked to a 27-year-old despatch rider who was remanded yesterday. PUTRAJAYA: The Magistrate’s Court today released the sole owner of a trading company who had been held under remand for four days since last Friday over the investigation into 1Malaysia Development Bhd. The 28-year-old man, the third of five individuals who had been held under 16

July 27, 2015 3:25 AM Company owner remanded in Malaysia's 1MDB probe released on bail

PUTRAJAYA (THE STAR/ASIA NEWS NETWORK) - The third individual to be hauled up by the special task force investigating the debt-laden 1Malaysia Development Berhad (1MDB) state investment company has been released on bail. Magistrate Nik Isfahanie Tasnim Ab Rahman allowed the 28-year-old owner of a Kuala Lumpur-based trading company to be released on RM50,000 bail (S$18,000) with two guarantors 13