By Ka Kay Lum
In his budget speech, the FM said, the previous government was secretly paying for the debts of 1MDB amounting to nearly RM7 billion as at April 30, 2018.
The 48-year-old chairman of 360 Security Technology Inc. has experienced the downside of listing in China, after stocks tumbled on concerns about a U.S. trade war and a slowing economy.
Air Asia X’s co-founders Kamarudin Meranun and Tony Fernandes have been redesignated as non-executive directors.
Rajadyne, who is likely to join Integrace later this month, will also help True North expand its pharma & healthcare portfolio.
Tim Leissner, a former top Goldman banker in Asia who led Goldman Sachs’s bond offerings for the fund, pleaded guilty to conspiring to launder money and to violating foreign bribery laws.
Singapore’s sovereign wealth fund GIC has appointed Lawrence Wong and Seck Wai Kwong to its board, effective this month.
Matsuyama is expected to cultivate deals related to the divesture of assets by large Japanese firms.
Previously a director at Actuarial Partners Consulting, Syed Hamadah is one of the leading practitioners in pension and social security space in Malaysia.
It is the latest high-profile hire by SoftBank when it faces criticism for its links to S Arabia, the largest investor in its Vision Fund.
The summons of one of the country’s most powerful executives follows the arrests this month of nine people in connection with the investigation involving a $21 billion construction project.