Asean Law Alert

Asean Law Alert


Asean Law Alert by Asean LIP

09 Aug 2019
MALAYSIAGENERAL & MISCNEWS
Equity Investment a viable Funding Option for Business Expansion - MIDA
KUALA LUMPUR, Aug 8 (Bernama) - Equity investment such as private equity and venture capital is a viable funding option for companies seeking business expansion, said the Malaysian Investment Development Authority (MIDA).

MALAYSIAGENERAL & MISCNEWS
IRB sues Najib's Son over RM37.6 Million of Unpaid Taxes
KUALA LUMPUR, Aug 8 (Bernama) - After slapping Datuk Seri Najib Tun Razak with a RM1.69 billion tax suit, the Inland Revenue Board (IRB) is now suing the former premier' son over RM37.6 million of unpaid taxes from 2011 to 2017.

MALAYSIAGENERAL & MISCNEWS
Husni admits lying to Media to cover for Najib
KUALA LUMPUR, Aug 8 (Bernama) - Former Finance Minister II Datuk Seri Ahmad Husni Hanadzlah admitted in the High Court here today that he lied to the media over the reason for his resignation in 2016 because he was covering for former Prime Minister Datuk Seri Najib Tun Razak.

MALAYSIAGENERAL & MISCNEWS
Judges with Doubtful sources of assets to be referred to MACC
PUTRAJAYA, Aug 8 (Bernama) - The Judiciary will refer to the relevant authorities including the Malaysian Anti-Corruption Commission (MACC) for follow-up actions if the source of asset acquisition of a judge is doubtful and if there is evidence it is illegally acquired, says Chi ...

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