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51-60 results from 1000 for query «malaysia»

June 14, 2018 2:27 PM Jho Low, Alleged Ringleader in 1MDB Scandal, Sought Deal With Malaysia but Was Rejected

Prime Minister Mahathir turned down Mr. Low’s offer to drop his claim to more than a billion dollars in assets in exchange for immunity KUALA LUMPUR, Malaysia—Jho Low, the alleged mastermind of one of the world’s largest purported frauds, has reached out to authorities in Malaysia, offering to drop his claim to more than a billion dollars in assets in return 81

June 11, 2018 10:27 AM Choice for Malaysian Central Bank Governor Was Involved in 1MDB Probe

Former central-bank governor set to return to Bank Negara Malaysia as its chief KUALA LUMPUR, Malaysia—A former central-bank governor who was previously involved in an investigation into troubled state investment fund 1Malaysia Development Bhd. is set to return to Bank Negara Malaysia as its governor, according to two people familiar with the matter 42

June 5, 2018 5:00 PM Malaysia’s Central Bank Governor Offers Resignation Following Land-Deal Revelation

Proceeds from land purchase by the bank was used to aid troubled state fund 1Malaysia Development Bhd KUALA LUMPUR—Malaysian central bank Gov. Muhammad Ibrahim has offered to resign following revelations that proceeds from a 2 billion ringgit ($503 million) land purchase by the bank were used to help troubled state fund 1Malaysia Development Bhd. Mr. Muhammad 45

May 31, 2018 12:32 PM Malaysians Donate Nearly $2 Million to Pay Country’s Debts

KUALA LUMPUR, Malaysia—Malaysians are trying their hand at crowdfunding to help pay their country’s debts as the full extent of a financial scandal at state investment fund 1Malaysia Development Bhd., or 1MDB, becomes clear. Finance Minister Lim Guan Eng said Thursday that Malaysians had contributed nearly $2 million to a specially created fund on its first 51

May 31, 2018 10:06 AM Modi seeks to cement ties with Malaysia in brief visit

PUTRAJAYA, Malaysia – Indian Prime Minister Narendra Modi has held talks with new Malaysian leader Mahathir Mohamad in a brief visit aimed at bolstering bilateral ties. He flew in from Indonesia for the second leg of his Southeast Asian tour and met Mahathir on Thursday at the government administrative capital of Putrajaya. Modi tweeted: "I thank him for the warm welcome 50

May 29, 2018 9:00 PM Lion Air passengers suffer broken bones and head wounds after man makes false bomb threat

Passengers fled the Lion Air plane after overhearing 26-year-old, Frantinus Nirigi, telling a flight attendant there was a bomb on the Boeing 737 Monday night. (Gerry Soejatman Twitter) At least 10 passengers on a flight preparing to take off from Borneo island were injured, most of them with broken bones and head wounds, after panic ensued when a man claimed 94

May 21, 2018 9:27 AM Grab to partner with Maybank for mobile wallet in Malaysia

SINGAPORE (Reuters) - Ride-hailing firm Grab will partner with Malayan Banking Bhd (Maybank), Malaysia’s biggest bank, to drive the usage and adoption of its GrabPay mobile wallet, the companies said in a statement on Monday. Grab, which received its e-money license from Bank Negara Malaysia in 2017, is set to launch GrabPay mobile wallet in beta in the coming 58

May 18, 2018 11:49 PM Dragnet Widens Around Ousted Malaysian Leader Najib Razak

KUALA LUMPUR—Malaysia’s new government is taking an aggressive stance with its criminal investigation of former Prime Minister Najib Razak and his family, broadening its probes beyond a multibillion-dollar sovereign-wealth fund scandal to include a 12-year-old murder case and abuse of power allegations. The moves underscore a new commitment to the rule of law in Malaysia 63

May 15, 2018 8:45 AM Malaysia's Mahathir says he will remain leader for 1-2 years

TOKYO – Malaysia's 92-year-old Prime Minister Mahathir Mohamad says he will run the country for one to two years before stepping down, and that defeated leader Najib Razak could be charged soon in a massive corruption scandal. Mahathir, who was premier for 22 years until 2003, left the ruling party he once led to join a four-party coalition that scored 59

May 12, 2018 4:17 PM Malaysia’s Ex-Leader Najib Razak Quits Party Post After Election Loss

The former prime minister also agreed to abide by a travel ban, as his successor worked to assemble a cabinet KUALA LUMPUR, Malaysia—Malaysia’s former Prime Minister Najib Razak resigned as leader of his political party Saturday and promised to abide by a travel ban, but cracks in the new government began to show as his successor Mahathir Mohamad struggled 62