Most Read
Most Commented
Read more like this
mk-logo
News
Ministers’ pay cuts remain; Equanimity sails into Langkawi

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

Ministers’ pay cuts remain

Finance Minister Lim Guan Eng said the salaries of ministers and their deputies will continue to be subjected to a 10 percent cut, even after the government shuts down Tabung Harapan Malaysia at the end of the year.

Putrajaya is not considering increasing corporate tax or introducing taxes on wealth, inheritance and capital gains for the time being, due to concerns that these would diminish revenue inflow.

The Public Accounts Committee wrapped up its probe into the allegedly 'misused' RM19.4 billion in goods and services tax refunds, with the finance minister as its final witness.

Neither DAP nor PKR submitted any names to Prime Minister Dr Mahathir Mohamad for the speculated cabinet reshuffle.

Meanwhile, Mahathir rejected claims that Petronas’ one-off RM30 billion special dividend payment to the government would affect its operations.

Equanimity sails into Langkawi

The Equanimity sailed to the “calm blue waters” of Langkawi from Port Klang, according to 1MDB lawyer Jeremy M Joseph, with bidding for the superyacht set to end on Nov 28.

Bukit Aman announced that a 60-day remand order has been obtained for former Goldman Sachs executive Roger Ng, in view of his extradition to the United States to face 1MDB-related charges.

DAP supremo Lim Kit Siang said that it is not enough for Goldman Sachs to feel “horrible” for earning US$600 million from 1MDB, and instead asked the bank to explain how it intends to compensate Malaysians for its involvement.

Police want more time to verify whether the 44 items of jewellery from a Lebanese firm were among the thousands of items seized during raids on residences linked to former premier Najib Abdul Razak.

Najib's wife Rosmah Mansor had her statement recorded by MACC yet again, this time in connection to a solar hybrid project for schools in rural Sarawak.

Other Kinibites

Former Federal Territories minister Tengku Adnan Tengku Mansor was arrested by the MACC in connection with a land deal involving the Kuala Lumpur City Hall, and is expected to be charged today.

Unicef expressed concern over teachers allegedly demanding sex from their students in exchange for better grades.

Mahathir said that Russia has offered to sell its airplanes to Malaysia following a bilateral meeting with President Vladimir Putin.

Aminuddin Harun dismissed speculation of incumbent PKR vice-president Rafizi Ramli standing in a by-election for the disputed state seat of Rantau and taking his place as Negeri Sembilan menteri besar as “mischievous.”

Former Umno leader Isa Samad was admitted to the National Heart Institute, amid reports of a looming charge for alleged abuse of power.

Looking ahead

Rosmah, her former aide Rizal Mansor, Tengku Adnan, and another businessperson will be charged in the Kuala Lumpur courts.

EdgeProp boss Tong Kooi Ong is holding a question-and-answer session regarding the FundMyHome peer-to-peer financing scheme.

ADS