The Street Articles

 PUTRAJAYA: Datuk Seri Najib Razak has lost in his final attempt to overturn the 12-year jail sentence and RM210 million fine for misappropriation of SRC International funds. Chief Justice Tun Tengku Maimun Tuan Mat ruled the former prime minister had failed to show how the findings of the lower courts were perverse and needed the intervention of the Apex Court. She said the decisions of the High Court and Court of Appeal were correct. Tengku Maimun said the sentences were also not manifestly excessive. "She then ordered the commital order to be issued. The ruling means Najib, 69, would be taken to prison to serve out his jail sentence. Present in court to hear the outcome were Najib's wife Datin Seri Rosmah Mansor and family members. Also present was Umno president Datuk Seri Dr Ahmad Zahid Hamidi. The other judges on the panel were the Chief Judge of Sabah and Sarawak Tan Sri Abang Iskandar Abang Hashim, Datuk P Nallini, Datuk Mary Lim Thiam Suan and Datuk Mohamad Zabidin Mo...

Muhyiddin and his team has been very focussed on overcoming the COVID-19 threat and they have succeeded. As of now, we are well of the way to recovery with more than 90% of COVID-19 patients cured and our economic recovery has started. With our major trading partners also open for business, I think there is a chance that Malaysia will achieve some small economic growth this year while many other countries go into recession. Meanwhile, PH is still playing their favourite game: “who should be the next PM?” Is it Mahathir? Is it Anwar? Should Anwar be PM with Mukhris as Deputy PM? Should Mahathir be PM with Anwar as DPM for 6 months, then Anwar becomes PM with Mukhriz as DPM? They have been so absorbed with this game even while being the government that they hardly achieved anything. Under PH, GDP growth dropped, even without COVID-19. Stock market indices dropped. FDI dropped. The Ringgit dropped relative to USD. Source: Ridzwan Abdul Rahman www.quora.com

Lawyers acting for the fugitive financier Jho Low, who is believed to be hiding in China, are seeking to threaten UK publishers and distributors in an attempt to block two upcoming books on the 1MDB scandal. The books are The Sarawak Report by the editor of this site and Billion Dollar Whale written by journalists from the Wall Street Journal. Both are due to be published next month. Information made available to Sarawak Report indicates that the lawyers have advised Jho Low that British libel laws can be best exploited by threatening intermediaries with expensive legal engagement, rather than seeking to challenge the authors who are armed with copious information about the heist. Yesterday, the UK publisher of The Sarawak Report received a letter from the London law firm Schillings, which has emerged as the company hired by Low to represent him regarding alleged defamation issues.  The letter threatened the publisher with “substantial damages” on the basis that the law firm as...

Rules Are For Breaking? COMMENT 21 April 2018 There are many popular aphorisms about rules and the law.  They reflect the rightful cynicism of law-abiding folk, when they discover that regulations, which are being harshly imposed on the majority, are being happily ignored by those in charge – the people who drew up the said rules. Certain groups of people are said to have ‘risen above the law’, for example. There is ‘one rule for BN and another for everybody else’ is another.  Another way of putting it is ‘don’t do as I do, but do as I say’.  To sum it up, pretty much everyone in Malaysia now recognises that Najib and his party have become a ‘law unto themselves’. Thus it has been that over the past days the country has been treated to a spectacle that surprised no one.  The opposition party Bersatu, led by Najib’s dangerous contender for power, Dr Mahathir, has been suspended by the Registrar of Societies for allegedly breaking the rules of its own constit...

KUALA LUMPUR: Malaysia's Parliament is likely to be dissolved on Mar 28, 29 or 30, making way for general elections that must be held by August, The Star newspaper said on Thursday (Mar 15) without giving any sources for the report. The newspaper noted that a report on new electoral boundaries is expected to be given to all Members of Parliament by next week, and may be tabled as early as Monday. A simple majority of 111 votes – with the number of lawmakers currently at 220 – is needed to have the proposal passed. The fact that the motion need not go through the Dewan Negara – which shortens the time to enforce the redelineation – is also another reason why political pundits are targeting the end of March, the newspaper reported. The Star said that another "giveaway" is that Barisan Nasional will unveil its manifesto on Apr 7. "While a manifesto can be launched anytime, it has been a practice by Barisan to do so after the dissolution," it said. Ad...

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