The Star Online: Nation
The Star Online: Nation |
- Petronas: MACC probing alleged wrongdoing
- Khairy defends RM10mil condo purchase by minister's firm
- PM: General election will not be this year
| Petronas: MACC probing alleged wrongdoing Posted: 11 Nov 2011 06:41 AM PST PETALING JAYA: Petronas has clarified the recent visit by Malaysian Anti-Corruption Commission officers to its headquarters as "part of the agency's standard operating procedures following any complaints of any alleged wrongdoing." "Officials of the MACC were at Petronas headquarters recently to facilitate its first information report procedure, which is part of the agency's standard operating procedures," the national oil company said in a statement. The statement was issued following a report of a raid on the company by MACC. The statement said there was no raid on the company and no files or documents were "carted away" by the agency as alleged. Petronas reiterated its strong commitment and adherence to internationally recognised process and procedures in its award and tendering process and has a zero tolerance policy against corrupt practices. Full content generated by Get Full RSS. |
| Khairy defends RM10mil condo purchase by minister's firm Posted: 11 Nov 2011 05:51 AM PST PETALING JAYA: Umno Youth chief Khairy Jamaluddin has come to the defence of Datuk Seri Shahrizat Abdul Jalil over the purchase of a RM10mil luxury condominium in Bangsar. He stressed that the PKR machinery had gone into overdrive to paint a picture of power abuse surrounding the National Feedlot Corporation (NFC). PKR secretary-general Saifuddin Nasution claimed on Thursday that the condo in One Menerung was listed under the NFC, a project managed by the Women, Family and Community Development Minister's family. Khairy, who is Rembau MP, said the condo was bought for investment as the minister's family firm, National Meat and Livestocks Corporation (NMLC), found itself with surplus funds when the government could not develop satellite cattle farms. It decided on real estate investment as a means to put the excess liquidity to work, said Khairy. "The management made a decision that the best return on investment would have been from real estate," he said. The Auditor-General's Report 2010 criticised the NFC, pointing out that it was now "in a mess". Full content generated by Get Full RSS. |
| PM: General election will not be this year Posted: 11 Nov 2011 04:41 AM PST KUALA LUMPUR: Datuk Seri Najib Tun Razak has squashed talk about the general election being held this year. The 13th general election will not be held this year, the Prime Minister said when asked about it at the Barisan Nasional supreme council meeting Friday. Speculation has been rife that Najib would dissolve Parliament Friday. Najib said the election date was not discussed at the meeting. He said the meeting only discussed measures to strengthen the coalition so that it would emerge stronger to face the election. Full content generated by Get Full RSS. |
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