Malaysia's news, around the clock.
Finance Minister Anwar Ibrahim has alleged that the government pension fund KWAP fell victim to deliberate fraud in a RM200 million investment in eFishery, with company management accused of intentionally manipulating financial statements.
Prime Minister Anwar Ibrahim has disclosed that the government deliberately withheld the Tabung Haji RCI report for three years to prevent a crisis of confidence that could have destabilised the institution.
Bank Negara Malaysia has unveiled the Semak Kasih portal to assist beneficiaries in locating unclaimed insurance and takaful benefits. Around 50,000 policies remain unclaimed, representing significant financial protection overlooked by Malaysian families.
Investment company QEW has denied allegations of fraudulent conduct in relation to a RM20.45m scheme, maintaining that the 111 plaintiffs who initiated legal action were cognisant of associated investment risks from the outset.