Thursday, 24 May, 2018


Malaysia bars more officials from leaving country amid corruption probe

Mahathir Mohamad insisted that he respected the right to freedom of speech but the move is likely to alarm liberals Mahathir Mohamad insisted that he respected the right to freedom of speech but the move is likely to alarm liberalsLAI SENG SIN REUTERS
Patty Aguilar | 16 May, 2018, 08:51

Mahathir also said he welcomed foreign direct investment in Malaysia by China and other countries, but such investment must bring in capital and technology and provide jobs for Malaysians.

Najib denies any wrongdoing in connection with losses at the fund.

"We have to take time". We can not guarantee that it is suitable for the visually or hearing impaired.

Newly elected Malaysian Prime Minister Mahathir Mohamad said on Tuesday he may remain premier for up to two years and will play a role in the background even after he steps down.

AirAsia was among the first firms to come up with offers for Malaysian voters after the Election Commission inexplicably set polling for GE14 on May 9, a Wednesday. But it later recovered to close the day slightly higher.

"No deal", Mahathir said in the interview, conducted for a business forum organised by the newspaper in Tokyo.

A deluxe Kuala Lumpur apartment block raided by the police, relatives of ousted Prime Minister Najib Razak had been staying there.

The ringgit currency hit a four-month low of 3.9850 per dollar, but stabilized off those lows. Both police officers said investigators were not primarily interested in the luxury items but were chasing documents that could be vital for investigations into Najib's administration.Kuala Lumpur's police chief and an official police spokeswoman did not respond to requests for comment.Najib said earlier on Saturday that he was going overseas for a week to rest, but just minutes later the Department of Immigration announced that he and his wife had been barred from leaving the country.

"News broke in 2015 that about $700mn allegedly stolen from 1MDB had made its way into Najib's personal bank accounts".

Earlier, state news agency Bernama and other media reported that a former official of the anti-graft agency, MACC, had lodged a report against Najib on suspicion of blocking probes in cases involving 1MDB and a government pension fund.

Mahathir on Saturday stopped Najib from leaving the country, and sacked the attorney general who had cleared him of involvement in a multi-billion-dollar corruption scandal.

Mohamed Apandi did not respond to a request for comment.

The government has also transferred the top bureaucrat in the finance ministry with immediate effect while the chairman of the state palm oil plantation agency, Felda, has resigned.

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