Mahathir takes aim at Country Garden’s giant development in southern Malaysia

By Fathin Ungku and Joseph Sipalan FOREST CITY/KUALA LUMPUR, Malaysia, Aug 27 : – M alaysian Prime Minister Mahathir Mohamad on Monday declared that foreigners will not be granted visas to live in the giant Forest City real estate project on the country’s southern tip, a major threat to the marketing strategy for the development. […]

Malaysia says no to foreign homeowners in Forest City project

By Joseph Sipalan KUALA LUMPUR, Aug 27 : Malaysian Prime Minister Mahathir Mohamad said on Monday he wanted to prevent foreigners from buying residential units in the $100 billion Forest City project, a setback for the Chinese developer as it tries to revive faltering demand for the site. The project by developer Country Garden Holdings […]

Malaysia’s Najib pleads not guilty to money laundering as charges pile up

By Rozanna Latiff and Joseph Sipalan KUALA LUMPUR, Aug 8 : Malaysia’s former Prime Minister Najib Razak pleaded not guilty to money laundering charges slapped on him on Wednesday, as the country’s new government looked for answers to how billions of dollars went missing from a state fund 1MDB during his term. Najib and his […]

Malaysia’s Najib sues three top officials involved in 1MDB corruption probe

By Joseph Sipalan and Rozanna Latiff KUALA LUMPUR, July 6 : Embattled former Malaysian prime minister Najib Razak has filed lawsuits against top investigators probing a multi-billion dollar scandal at state fund 1MDB, as he looks to clamp down on public criticism over his alleged role in the case. Najib, who lost power in a […]

Former Malaysian PM Najib arrested in graft probe

By Joseph Sipalan and Rozanna Latiff KUALA LUMPUR, July 3 : Malaysian anti-corruption agents arrested former Prime Minister Najib Razak on Tuesday following a probe into how money went missing from a state fund he founded almost a decade ago and authorities said he would be charged in court on Wednesday. Since a shock election […]