malaysiakini logo
story-image
mk-logo
News
'Aabar BVI belongs to IPIC'; tahfiz boy dies; NGOs want citizenships revoked
ADS

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

Gov't says letter proves Aabar BVI is IPIC's

Finance Minister II Johari Abdul Ghani said the government has a letter which proves that Aabar BVI, which 1MDB paid US$3.5 billion to, is indeed a subsidiary of Abu Dhabi's International Petroleum Investment Corporation (IPIC) and not a fraudulent company as alleged.

Meanwhile, Minister in the Prime Minister's Department Abdul Rahman Dahlan said the fact that 1MDB is able to cash out its investment units proves that the units exist and the funds is not the RM2.6 billion "political donation" received by PM Najib Abdul Razak.

Former deputy premier Muhyiddin Yassin however said 1MDB must reveal how it is monetising these "units" and what the actual value is.

While the settlement has been much trumpeted by the government, Moody's Investors Service said it will do little to alleviate uncertainties over how 1MDB will settle the bond payments.

Abused student dies

Mohamad Thaqif Amin Mohd Gaddafi, 11, who was allegedly beaten by a tahfiz school assistant warden, died at Hospital Sultan Ismail in Johor Baru.

Police said the case will be reclassified as murder, while the assistant warden's remand is extended. It has also prompted call for greater oversight of the operations of private religious schools.

Malay NGOs want citizenships revoked

A coalition of Malay rights NGOs want the 1.75 million citizenships granted to non-Malays between 1957 to 1970 revoked, arguing that it did not follow legal process.

The NGOs also single out Persatuan Hindraf Malaysia's chairperson P Waythamoorthy, whom the NGOs said is an "extremist" and for whom the scrapped Internal Security Act (ISA) should be revived.

Meanwhile, Perlis mufti Asri Zainul Abidin, who also labelled Hindraf an "extremist", said Malaysians should bury the hatchet if they cannot prove that Muslim preacher Zakir Naik has given any speech in Malaysia that has strained ties among local communities.

More Kinibites

Former deputy prime minister Anwar Ibrahim claimed Nor Mohamed Yakcop, who resigned from Bank Negara in 1994 over the forex (foreign exchange) scandal, was banned from joining any national financial institute but was nevertheless appointed as second finance minister in 2004.

RON95 and RON97 prices drop by six sen and five sen respectively, starting today.

Former de facto law minister Zaid Ibrahim said opposition leaders should protest the speculated extension of Chief Justice Md Raus Sharif's service, while former Federal Court judge Gopal Sri Ram said there are other capable judges who can succeed him.

The Malaysian Anti-Corruption Commission (MACC) has obtained a five-day remand order from the magistrate's court in Putrajaya against a senior director of Yayasan Pembangunan Ekonomi Islam Malaysia (Yapeim).

Looking ahead

The Kuala Lumpur High Court will decide on Bersih chairperson Maria Chin Abdullah's challenge against her travel ban.

View Comments