KUALA LUMPUR, 30 June 2009: Former Ampang Jaya Municipal Council (MPAJ) enforcement director Capt (R) Abdul Kudus Ahmad was sentenced to 11 years and 10 months jail and RM370,000 fine by the Ampang Sessions Court today. The sentence was for 24 counts of corruptly soliciting and accepting bribes totalling RM59,000. Judge Noradidah Ahmad found him […]
Archives for June 2009
Capital Market Services Act to be amended
KUALA LUMPUR, 30 June 2009: The government will be tabling a set of far-reaching amendments to the Capital Market Services Act to further strengthen the Securities Commission (SC)’s enforcement powers in corporate governance transgression. Prime Minister Datuk Seri Najib Razak said the amendments would empower the SC to take action against a director or officer […]
Govt to set up RM500mil Ekuinas investment fund
KUALA LUMPUR, 30 June 2009: A new investment institution, Ekuiti Nasional Bhd (Ekuinas), will be set up soon with an initial capital of RM500 million. The fund will focus on investing in high-growth potential sectors and bumiputera companies, said Prime Minister Datuk Seri Najib Razak. “The government will provide the funds and appoint experts to […]
Foreign ownership of stockbroking firms raised to 70%
KUALA LUMPUR, 30 June 2009: Foreign shareholding limits in existing stockbroking companies will be increased to 70% from the current 49% in efforts to further enhance Malaysia’s position as a listing and investment destination, Prime Minister Datuk Seri Najib Razak announced here today. He also announced that with immediate effect, the Foreign Investment Committee (FIC) […]
The BN’s maturity
By Shanon Shah“They should just give me their proposals because I am worried they may lack maturity and rationale in their views.” HOME Minister and Umno vice-president Datuk Seri Hishammuddin Hussein, on whether opposition Members of Parliament (MPs) would have a chance to contribute their views regarding potential amendments to the Internal Security Act. (Source: Only 12 […]
“We cannot afford another Anwar prosecution” (Updated)
By Datuk Ambiga SreenevasanUpdated 3.20pm on 30 June 2009 The following is an excerpt of a public lecture by Datuk Ambiga Sreenevasan titled Democracy, Law and Human Rights in an Era of Globalisation that was delivered on 23 June 2009 to commemorate the 25th anniversary of the Chevening Scholarship Programme THE Datuk Seri Anwar Ibrahim prosecution is seen […]
Slavery abroad!
By Zedeck Siew(Pic by scoll22 / sxc.hu) THERE has been considerable debate surrounding Malaysia’s proposed one-off-day gift to foreign domestic workers. There’s some strange synchronicity involved, it seems: the welfare of foreign labour is not only a hot topic here, but in neighbouring countries, as well. I received this (somewhat irate) statement in my mailbox yesterday. It […]
Orang asli take demands to Parliament
By Zedeck SiewKUALA LUMPUR, 29 June 2009: Representatives from an indigenous community have submitted a memorandum to Parti Keadilan Rakyat (PKR) parliamentarians to protest the Pahang government’s refusal to gazette traditional Orang Asli lands. The memorandum today also protested the state government’s go-ahead for estate owners to open plantations on traditional Orang Asli lands. “It is our […]
Why only briefing for Muslim MPs?
By Zedeck SiewKUALA LUMPUR, 29 June 2009: The government has been criticised for organising a briefing on three laws related to conversion and religion for Muslim Members of Parliament (MPs) only. Anwar (File pic) “These are very important pieces of legislation. It must be well understood and debated by Muslim and non-Muslim MPs,” Opposition Leader Datuk Seri […]
Hadi to meet Nik Aziz regarding debate with PM (Updated 6.43pm)
Updated at 6.43pm, 29 June 2009 KUALA LUMPUR, 29 June 2009: PAS president Datuk Seri Abdul Hadi Awang said today he was not informed by the party’s spiritual leader Datuk Nik Aziz Nik Mat on his wanting to debate with Prime Minister Datuk Seri Najib Razak on PAS-Umno issues. Hadi Awang Met by reporters at […]