Malaysia seizes over 243 million USD from Chinese firm World

Malaysia seizes over 243 million USD from Chinese firm

Malaysian authorities have seized more than 1 billion ringgit (243.25 million USD) from a bank account of the China Petroleum Pipeline Engineering Ltd (CPP), a unit of state energy giant China National Petroleum Corp (CNPC).
Former Malaysian Deputy PM faces more charges ASEAN

Former Malaysian Deputy PM faces more charges

Former Deputy Prime Minister of Malaysia Ahmad Zahid Hamidi was slapped with an additional 33 charges at the Sessions Court on June 27 for receiving bribes from a company over the overseas visa system.
China expects resumption of Malaysian rail project World

China expects resumption of Malaysian rail project

China remains optimistic that the shelved East Coast Rail Link (ECRL) project in Malaysia will be revived, and is hoping for a win-win solution that will benefit both nations, The Star newspaper quoted Chinese Ambassador to Malaysia Bai Tian as saying.
Malaysia’s new direct investments hit 19.18 billion USD in H1 World

Malaysia’s new direct investments hit 19.18 billion USD in H1

Malaysia's new approved direct investments in the services, manufacturing and primary sectors rose 17.7 percent year-on-year to 80.2 billion ringgit (about 19.18 billion USD) in the first half of 2018, according to data released by the Malaysian Investment Development Authority (MIDA) on October 29.
Malaysia’s Najib and ally charged in 1.6-billion-USD graft case World

Malaysia’s Najib and ally charged in 1.6-billion-USD graft case

Malaysia's former Prime Minister Najib Razak and an ally on October 25 were charged with allegedly looting USD 1.6 billion of public money, the latest accusations against him in the case associated with the scandal-plagued 1Malaysia Development Berhad (1MDB) fund.
Former Malaysian Deputy PM faces 45 counts World

Former Malaysian Deputy PM faces 45 counts

The Kuala Lumpur Court charged former Malaysian Deputy Prime Minister Ahmad Zahid Hamidi with 45 counts under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and the Malaysian Anti-Corruption Commission (MACC) Act 2009.