Monthly Archives: August 2015

August 30

Counsel Clarifies Appeals Court Decision In NFCorp Chairman’s Case

Lawyers acting for National Feedlot Corporation (NFCorp) chairman Datuk Seri Dr Mohamad Salleh Ismail today clarified that their client was only required to answer the two criminal breach of trust (CBT) charges when the prosecution had proven a prima facie case and ingredients of the charges. In a statement issued Saturday, lawyer Al Firdaus Shahrul […]

August 27

Ninety per cent of my shares pledged with banks for loans, says Mahmud

Sarawak business entrepreneur Datuk Seri Mahmud Abu Bekir Taib today demolished claims by his former wife Shahnaz Abdul Majid that he is a billionaire beyond mega proportions when he testified that 90 per cent of his shares in Cahya Mata Sarawak representing an 11 per cent stake in the shareholding, have been pledged with banks […]

August 26

MACC sends notices to ‘missing persons’ families

Notices have been sent to the families of businessman Jho Low and the former top officers of SRC International Sdn Bhd, Nik Faisal Ariff Nik Othman Kamil and Suboh Mohd Yassin, to appear before the Malaysian Anti Corruption Commission to assist in its investigations. It is understood that the notices were sent earlier this week, […]

August 24

Changing times for cabbies

Malaysia’s taxi drivers are slowly leaving the industry, blaming growing costs and the falling share of passengers. An unknown number of cabbies are said to have signed up with ridesharing services such as Uber and GrabCar, with Uber claiming that 20% of its weekly sign-ups today were from taxi drivers. “Based on (the) last quarter, […]

August 20

Sarawak business tycoon succeeds in having child maintenance applied by son, not by former wife

The Kuala Lumpur Shariah High Court was today informed that Sarawak business entrepreneur Datuk Seri Mahmud Abu Bekir Taib had successfully obtained an order from the Kuala Lumpur Shariah Appeals Court on 14 July 2015 which unanimously ruled in his favour that his only son Raden Murya Abdul Taib Mahmud was matured and capable to […]

August 18

Mutaah claim grossly exaggerated, Mahmud says

Statements purporting to show he had 111 bank accounts worldwide were the work of convicted forgers, Shariah court told. Sarawakian entrepreneur Mahmud Abu Bekir Taib expressed regret that his divorce maintenance hearing had evolved into an international politically motivated conspiracy against him and his family, and in particular his father Governor of Sarawak Abdul Taib […]

August 14

Ex-PetroSaudi exec to get jail sentence soon: Lawyer

Andre Xavier Justo, the Swiss man who blackmailed his former employer PetroSaudi and then tried to sell data which he stole from the company to a group of people who he said intended to use it to topple Malaysian Prime Minister Najib Razak, will be given a prison sentence in a court in Bangkok possibly […]