Spotlight on PM's family time; last 1MDB assets to be shipped out

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

Rosmah's aide defends PM's 'family time', but DAP unimpressed

Aide to the prime minister's wife Rizal Mansor said it is unfair to criticise the prime minister for a recent family holiday in Australia as the PM rarely has time to spend quality time with his loved ones.

However, DAP Youth chief Wong Kah Woh said Rizal conveniently sidesteps the main issue - that the government jet was spotted crossing Australia, coinciding with the family's trip there and raising suspicion of abuse of public property for a holiday.

Last of 1MDB's assets to be shipped out

The last of 1MDB's assets are expected to be transferred out in the coming months, as part of a plan to wind up the scandal-plagued Finance Ministry-owned company.

According to Singapore's Straits Times, the remaining assets, Tun Razak Exchange (TRX), Bandar Malaysia in Kuala Lumpur and a 94.7-hectare plot of land in Ayer Itam, Penang, will be transferred to two Finance Ministry-owned companies, Aroma Teraju Sdn Bhd and Piramid Pertama Sdn Bhd.

The next challenge is to meet debt obligations as billions of ringgit of bonds will be due as early as 2022.

Umno cuts down on MCA's resistance to PAS' Act 355 rally

Umno supreme council member Nazri Abdul Aziz said MCA has no right to stop PAS from holding a mega rally to provide information on proposed amendments to Act 355, as peaceful assembly is a fundamental right.

MCA president Liow Tiong Lai said the party opposed PAS' plan to hold the rally in Kuala Lumpur on Feb 18 because it is divisive.

Other Kinibites

A former CEO of a government agency is arrested for graft the day he arrives home from performing the umrah, in a case believed linked to the arrest of a ministry secretary-general last week.

Having suffered a 60 percent cut in research allocation to RM40 million last year, Universiti Malaya fears slipping down the rankings if more cuts are imposed.

Looking ahead

The former CEO of a government agency is expected to be charged with corruption in the Highh Court in Shah Alam Court.

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