Malaysia: Ex-prime minister Najib faces new corruption complaints

Malaysia: Ex-prime minister Najib faces new corruption complaints

But the 92-year-old - the world's oldest elected leader - added that "action" would be taken if false news was disseminated with the intention to cause chaos.

Malaysia's new Prime Minister Mahathir Mohamad said on Sunday (May 13) that an anti-fake news law brought by the previous administration will be given "proper" definition, making it clear to the media and the public what is fake. "Some of these things may involve the ministries and the personnel themselves, so we need people who are not involved to be getting and studying reports made either by ministries or by certain bodies which we will consult".

Najib has said the deposit was a donation by an unnamed member of the Saudi royal family which had been largely returned.

Kuala Lumpur: Malaysian Prime Minister Mahathir Mohamad and jailed politician Anwar Ibrahim tried to ease a rift within the ruling alliance on Sunday after differences erupted between their supporters over cabinet positions.

Irrespective of when (some would still say if) Mahathir gives way to Anwar, the consistent force behind the power of the new governing coalition will be Democratic Action Party leader Tan Kok Wai.

The country will invite foreign participation in large infrastructure projects "when we don't have expertise", he said. This will necessarily mean that while Malaysia can, should and likely will further develop a policy of "trade with all", it can also work to decrease geopolitical tensions with conflicting superpowers, especially regarding United States antagonism of China in the South China Sea and in ASEAN more widely.

Since 1974, the finance minister had been a Muslim Malay.

Apple faces class action over MacBook keyboard
Apple had to replace not only an unresponsive key, but a substantial part of their MacBook for free while under warranty. Apple is facing a class-action lawsuit over what is alleged to be defective keyboards on its laptop line-up.

Far from just being an ideal situation, this is the new reality of Malaysian politics where an old experienced leader has teamed up with a multipolar minded and multiracial minded party to help form the core of a new political programme for all Malaysians. But he pledged that policy "would be in order to restore confidence in the economy that's been affected by scandal after scandal, especially 1MDB".

Moody's Investors Service and Fitch Ratings have already warned of risks to the budget if GST is abolished and not offset by other revenue-raising measures.

Zeti, 70, became the first female Bank Negara Malaysia governor when Mahathir picked her in 2000, after she served a two-year stint as acting governor amid a controversial move to peg the ringgit to stem capital outflows. He completed his first term from 1984 to 1992 early into Mahathir's tenure, before being called back in the middle of the financial crisis in 1997 to helm a council tasked with spearheading Malaysia's economic recovery.

PPB Group Berhad, controlled by Malaysian billionaire Robert Kuok, rose 8.3 per cent.

Dr Mahathir announced three top cabinet posts on Saturday, including Lim Guan Eng, a former banker and chartered accountant, as finance minister.

The prime minister also said that while there is not a complete ban against former government officials leaving the country, several individuals are now under investigation for alleged wrongdoings.

Related Articles