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Bala Claims Offered RM 5M To Retract Statement

Missing private investigator P. Balasubramaniam has claimed in a video clip that he was offered RM5 million to retract his statutory declaration that linked Datuk Seri Najib Razak to murdered Mongolian model Altantuya Shaaribuu, reigniting allegations that the prime minister has vehemently denied. Balasubramaniam’s claims were aired in an undated 88-second video clip today hosted [...]

Najib Scraps Ethnic Equity Rule In Some Sectors

Malaysia’s government said it has scrapped a 30 percent requirement for ethnic Malay ownership of investments in some service sectors as it tries to boost the country’s flagging economy. The move Wednesday marks a dilution of the country’s politically sensitive affirmative action program, which aims to uplift Malays who are a majority but lag economically. [...]

By-Elections Waste Of Funds

Malaysia’s leader has said the ruling coalition may sit out an upcoming by-election sparked by the resignation of an opposition lawmaker, decrying it as a political ploy and a waste of public funds. Prime Minister Najib Razak was quoted by the Sunday Star as saying that he would meet leaders of his National Front coalition [...]

Najib Sworn In As Malaysia Prime Minister

Najib Razak was sworn in as Malaysia’s sixth prime minister Friday, assuming charge of reuniting the fractured ruling party and steering the nation through the global economic downturn. Image via Wikipedia He took the oath of office in front of the Malaysian king at a ceremony at the palace broadcast live on national television. The [...]

The coming Great Recession

The Government has thrown a RM60bil lifeline for the country to try and prevent it from slipping into a recession. But with the world economic climate looking more gloomy than ever, there are concerns that it may not be able to halt the downward trend. It was already 9.30pm when Datuk Seri Najib Tun Razak [...]

Abdullah Defence Minister Najib Finance Minister

In a minor Cabinet reshuffle today, Prime Minister Datuk Seri Abdullah Ahmad Badawi named his deputy Datuk Seri Najib Abdul Razak as finance minister. Abdullah, who was the finance minister, will take over Najib’s defence ministry portfolio. In making the announcement yesterday, Abdullah and Najib also said the transition plan in which the two leaders [...]

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