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Malaysia

PKR: Shahrizat family used NFC funds as carrot for condo loans

PETALING JAYA, Feb 8 — PKR claimed today that Datuk Seri Mohamed Salleh Ismail and his son Wan Shahinur Izran Salleh dangled RM250 million in federal funds to obtain bank loans to buy two condominiums in Marina Bay Suites, Singapore costing over RM17 million each.

The party distributed documents from the Singapore Land Authority showing that ... Read More

Pakatan Rakyat lawmakers carry signs before delivering a memorandum to protest the EPF’s new home loan scheme, in Kuala Lumpur, February 8, 2011. — Picture by Choo Choy May
Pakatan Rakyat lawmakers carry signs before delivering a memorandum to protest the EPF’s new home loan scheme, in Kuala Lumpur, February 8, 2011. — Picture by Choo Choy May

Khairy: EPF not at risk, loans made to Putrajaya

By Yow Hong Chieh
KUALA LUMPUR, Feb 8 — The Employees Provident Fund’s (EPF) low-cost home loan scheme will not expose the institution to bad credit risk as borrowings will be secured by the government, Khairy Jamaluddin ... Read More

1 Care 10pc medical levy just a proposal, says Tiong Lai

By Yow Hong Chieh
KUALA LUMPUR, Feb 8 — A reported proposal for all employees and businesses to pay 10 per cent of their monthly incomes to a 1 Care insurance fund for healthcare costs has yet to be finalised, Datuk Seri ... Read More

Why yet to question Shahrizat, Kit Siang asks MACC

By Clara Chooi
KUALA LUMPUR, Feb 7 — The DAP’s Lim Kit Siang is demanding answers as to why Datuk Seri Shahrizat Abdul Jalil has not been interrogated over the National Feedlot Centre (NFC) scandal when she is due to ... Read More

Bar Council wants government to pull Lynas licence

By Melissa Chi
KUALA LUMPUR, Feb 7 — The Bar Council demanded today Putrajaya revoke or at least suspend a temporary operating licence (TOL) to Lynas Corp, saying the move was “hasty” and reckless.Its president Lim Chee ... Read More

‘Trust me,’ Najib tells Indian community

By Melissa Chi
KUALA LUMPUR, Feb 7 — Datuk Seri Najib Razak today urged Indian Malaysians to “trust” him to improve their lives ahead of the 13th general election.“If you help me, I can help you. You trust me, I trust ... Read More

Police deny trying to speed up deportation of ‘PKR man’

By Yow Hong Chieh
KUALA LUMPUR, Feb 7 — The police denied today they were trying to expedite a “PKR man” detained in Indonesia who is said to be linked to a scandal involving a Selangor lawmaker.Federal CID chief Datuk ... Read More

Pakatan tells Raja Nong Chik to ‘polish up’ subprime knowledge

By Shannon Teoh
KUALA LUMPUR, Feb 7 — Three Pakatan Rakyat (PR) leaders accepted today Raja Datuk Nong Chik Raja Zainal Abidin’s debate dare over the controversial RM1.5 billion home loan plan to be financed by the ... Read More

Guan Eng: ‘Crony capitalism’, not welfare state, will bankrupt Malaysia

By Clara Chooi
KUALA LUMPUR, Feb 7 — Lim Guan Eng today countered Datuk Seri Najib Razak’s criticism of Pakatan Rakyat’s (PR) welfare state concept by telling the prime minister that it is the Barisan Nasional (BN) ... Read More

KITA sacks Penang, Kedah chiefs for ‘gross violations’

By Clara Chooi
KUALA LUMPUR, Feb 7 — Parti Keadilan Insan Tanah Air (KITA) today announced the sacking of two state chapter chiefs with immediate affect, accusing the duo of committing “gross violations” against party ... Read More

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