Most Read
Most Commented
mk-logo
News
IPIC contradicts 1MDB; RM1m donation for Guan Eng’s bail

KINI ROUNDUP | Here are the key headlines from yesterday you may have missed, in brief.

IPIC contradicts 1MDB on Cayman Island funds

Abu Dhabi-based International Petroleum Investment Company (IPIC) denied its subsidiary Aabar Investments PJS guaranteed 1MDB's controversial "fund units" in a Cayman Islands-registered fund, according to The Wall Street Journal (WSJ).

The journal also reported that a Malaysian delegation was in Abu Dhabi to resolve the dispute between the IPIC and 1MDB after the UAE sovereign wealth fund took legal action against the latter.

Meanwhile newly-minted Second Finance Minister Johari Abdul Ghani pledged to solve the 1MDB issue transparently, but could not promise that public funds would not be used in the process.

As for Johari's predecessor, Husni Hanadzlah, whose sudden retirement fuelled speculation it was due to the 1MDB scandal, the Tambun MP said he would be spending three months in Jordan to study the Quran.

DAP raises RM1m for Guan Eng’s bail

Penang DAP yesterday ended its donation drive to collect RM1 million, which was the amount the party paid to bail out Penang Chief Minister Lim Guan Eng after he was charged with corruption on Thursday.

The drive ended soon after the DAP central executive committee unanimously decided that Lim need not go on leave as Penang chief minister in the wake of the corruption charges.

However anti-graft group C4 and DAP's opponents in BN continued to push for Lim to take leave, with Umno minister Salleh Said Keruak saying BN leaders would have resigned when charged in court.

Gerakan deputy Youth chief Andy Yong, however, said prosecuting Lim was an unwise move as the public would consider him an "innocent political victim of the BN government".

Malaysiakini published a KiniGuide on the Penang chief minister's corruption case.

Other Kinibites

A Kuala Lumpur magistrate acquitted dancer Bilqis Hijjas of “insulting” Prime Minister Najib Abdul Razak and his wife Rosmah Mansor by dropping yellow balloons at an event attended by the couple. The court said the act was neither insulting nor was there any breach of peace.

An interfaith breaking fast event organised by a church in Petaling Jaya proceeded despite earlier being cancelled after someone lodged a police report against it.

Meanwhile, two people were killed while 36 others survived in a tragic accident in Perak, when the bus they were on collided with a road divider.

Selangor Sultan Sharafuddin Idris Shah warned against mosques being used for political purposes, while his Johor counterpart Sultan Ibrahim Sultan Iskandar won the new 'F1' number plate after bidding RM836,660 for the vehicle registration number.

Looking ahead

Kinrara DAP in Puchong, Kuala Lumpur will be banking in some money at Maybank as part of the donation drive to raise RM1 million for embattled party secretary-general Guan Eng’s bail.

Perkasa chief Ibrahim Ali plans to hold a press conference this afternoon.

ADS