(© ivana / sxc.hu) IN October 2008, Malaysia Today revealed that Datuk Seri Najib Razak had apparently exchanged text messages with lawyer Datuk Shafee Abdullah over Abdul Razak Baginda’s position in the Altantuya murder trial. The transcript of SMS exchanges caused a stir. Shafee was the counsel for Razak Baginda, a known close associate of […]
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Claims of huge spending in Eurocopter deal proven wrong: Najib
KUALA LUMPUR, 5 Nov 2008: Deputy Prime Minister Datuk Seri Najib Razak said today the opposition’s claim that the government was spending a huge amount of money in the purchase of Eurocopter helicopters has been proven wrong. He said the Public Accounts Committee (PAC) had declared that it found no irregularities in the purchase of […]
Govt to guarantee EPF’s RM5 billion loan to Valuecap
By Deborah LohKUALA LUMPUR, 4 NOV 2008: The government will guarantee the RM5 billion loan from the Employees’ Provident Fund to state investment company Valuecap Sdn Bhd. Deputy Prime Minister Datuk Seri Najib Razak defended the loan and rebuffed speculation that the loan would only prop up government-linked companies (GLCs) on the stock market. “Valuecap has the […]
Govt suggests 3% cut on employee’s EPF contribution
KUALA LUMPUR, 4 Nov 2008: In a move to put more disposable income in workers’ pockets, the government will allow workers to reduce their Employees Provident Fund (EPF) contribution by three percent for two years beginning 1 Jan 1 2009. Currently, employers contribute 12% to EPF while the employees contribute 11% of their salary to […]
Abdul Razak can be rearrested if prosecution appeals
PUTRAJAYA, 3 Nov 2008: Political analyst Abdul Razak Baginda faces the possibility of being re-arrested and remanded pending the outcome should the prosecution appeal to the Court of Appeal against his acquittal. Lawyer Karpal Singh said the prosecution could make such application under Section 56A of the Courts of Judicature Act 1964 to prevent Abdul […]