The Malaysian Anti-Corruption Commission (MACC) has launched legal action against 41 individuals and organisations to recover about USD65 million stolen from scandal-hit state fund 1MDB.
Former
Malaysian Prime Minister Datuk Seri Najib Razak (Photo: VNA)
MACC leader Latheefa
Koya said the suit was filed at the Kuala Lumpur High Court on June 19th under
the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful
Activities Act 2001.
The
money disbursed to these recipients and entities all came from a personal bank
account of former Prime Minister Datuk Seri Najib Razak, who was under
investigation for charges of corruption and position abuse.
Among
the organisations targeted are branches of the United Malays
NationalOrganisation (UMNO), which was once headed by Najib, and other
parties linked to UMNO and several businesses.
The
1MDB was founded by Nazib in 2009 with an aim for socio-economic development.
Malaysian and US investigators believe that the fund has looted about USD4.5
billion, about USD1 billion of which was sent to the former Malaysian PM’s
personal bank account.
Corruption
charge in the scandal contributed to Nazib’s losing power at the general
election on May 9, 2018. At least six countries are investigating the
scandal./.
Source: CPV
Many countries are grappling with rapidly aging population. As population aging becomes an irreversible global trend with significant impacts on economic and social sectors, nations face the urgent task of creating flexible policies to adapt to and make the most of this trend to build prosperous and sustainable societies.
With a series of stimulus measures, the world tourism industry is on the way to recovery as before the COVID-19 pandemic broke out. Facing the opportunity to take off, the "smokeless industry” is expected to strongly contribute to global economic growth while promoting potential and cohesion, contributing to peace and sustainable development.
The danger from the COVID-19 pandemic is still latent, threatening people’s health and lives in the context that the immunity provided from the COVID-19 vaccine has decreased. Many other dangerous diseases are also likely to break out when the global vaccination rate slows down, due to inequality in access to health services, vaccine hesitancy, and consequences of economic recession.
The Association of Southeast Asian Nations (ASEAN) is witnessing a rise in the sales of electric vehicles (EVs) in Vietnam, Malaysia and Indonesia, according to Maybank Investment Bank Research (Maybank IB Research).
The respect paying ceremony for Party General Secretary Nguyen Phu Trong continued on the morning of July 26 at the National Funeral Hall in Hanoi, with high-level delegations from foreign countries and international organisations paying their last respects and expressing deep condolences.
A wave of condolences have poured in from world leaders, international organisations, rulling parties, Communist parties and partner parties following the death of Vietnamese Party General Secretary Nguyen Phu Trong.
.jpg)
