Najib Razak SRC Trial Day 1: Charged for Laundering RM42mil Linked to Funds from SRC International
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00:00 - The trial of Former Prime Minister Dato’ Seri Najib Razak has begun and he faces seven charges and he pleaded not guilty to these 7 charges. The charges relate to criminal breach of trust, abuse of power and money laundering involving RM42 million of SRC International Sdn Bhd’s funds.
2:01 - Genting Malaysia Bhd have agreed to purchase the Equanimity for US$126 million and have made the offer to the government of Malaysia through the Attorney General's (AG) office on March 28.
5:06 - Domestic Trade and Consumer Affairs Ministry will submit a recommendation to the cabinet on their committee’s assessment on the monopoly of four companies. The companies are Bernas, Puspakom, Pharmaniaga and MyEG. The assessment will look into whether the policies on the creation of these monopolies are still relevant.
Presented by: Lyn Mak, Sharidz Abdullah and Julian Ng
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Categories: Politics, Law and Legal Matters, Social Issues, Investments
Tags: Najib Razak, 1MDB, Equanimity, Monopoly, Bernas, Puspakom, Pharmaniaga, MyEG, Genting Malaysia, Corruption, SRC International,