Search results
Results From The WOW.Com Content Network
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, in which then-Prime Minister Najib Razak was accused of channeling over RM 2.67 billion (approximately US$700 million) into his personal bank accounts from 1Malaysia Development Berhad (1MDB), a government-run strategic development company.
This, as well as Labour Day (1 May), the King 's birthday (First Monday of June) and some other festivals are major national public holidays. Federal Territory day is celebrated in the three Federal territories. Malaysia Day, held on 16 September to commemorate the formation of Malaysia, became a nationwide holiday in 2010.
Malayan dollar. The Malayan dollar ( Malay: ringgit, Jawi: رڠڬيت) was the currency of the British colonies and protectorates in Malaya and Brunei until 1953. It was introduced in 1939, replacing the Straits dollar at par, with 1 dollar = two shillings four pence sterling (60 dollars = 7 pounds).
Malaysia is a federal constitutional elective monarchy; the only federal country in Southeast Asia. [72] The system of government is closely modelled on the Westminster parliamentary system, a legacy of British rule. [73] The head of state is the King, whose official title is the Yang di-Pertuan Agong.
Straits dollar. One Straits one dollar banknote from 1935. One Straits one cent coin from 1920. The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. [1] At the same time, it was also used in the Federated Malay States, the Unfederated Malay States, Kingdom of Sarawak, Brunei, and British North Borneo .
Malaysia says Goldman Sachs failed to recover the agreed amount last year and must pay the $250 million. The bank disagreed. Johari said the government has extended the deadline for talks four times.
Malaysian banking group AMMB Holdings Berhad (AmBank) said on Friday it will pay the government 2.83 billion ringgit ($699 million) to settle claims linked to a massive financial scandal at state ...
Malaysian banking group AMMB Holdings Berhad (AmBank) will pay 2.83 billion ringgit ($699 million) to the government to settle claims related to a multi-billion-dollar financial scandal at state ...