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Federal Court to hear Najib’s final SRC appeal on Monday

August 14, 2022 by www.theedgemarkets.com

- A + A PUTRAJAYA (Aug 14): On Monday (Aug 15), the country’s highest court is scheduled to hear former prime minister Datuk Seri Najib Razak’s appeal against his conviction and sentence for misappropriation of RM42 million of SRC International Sdn Bhd funds. It is Najib’s final appeal after a three-man bench of the Court of Appeal on Dec 8 last year upheld the Pekan MP’s conviction and sentence of 12-year jail and RM210 million fine imposed on him by then High Court Judge Datuk Mohd Nazlan Mohd Ghazali on July 28, 2020. It is understood that the Federal Court will first hear Najib’s application to adduce new evidence in the SRC case, in his bid to ultimately seek a retrial. If Najib fails in this application, the Federal Court is expected to proceed with the hearing of Najib’s appeal against his conviction and sentence. The court has fixed Aug 15 to 19 and 23 to 26 to hear the appeal. The 69-year-old politician changed his legal team just 21 days prior to … [Read more...] about Federal Court to hear Najib’s final SRC appeal on Monday

Filed Under: Business federal appeals court, Court of Appeals for the Federal Circuit, U.S. Court of Appeals for the Federal Circuit, Federal Court of Appeals, Federal Courts of Appeal, federal courts of appeals, federal appeals courts, United States Court of Appeals for the Federal Circuit, US Federal Court of Appeals, US Federal Court of Appeal

Where to find underrated international cuisines in Bangkok

August 14, 2022 by thethaiger.com

Bangkok’s food scene is as vibrant as the city is. From street eats to fine dining, the variety of food options available is endless. Of course, it is not only the local Thai food that dominates the culinary scene- you’ll find authentic ramen, sushi, Korean barbeque, tacos or pizza on every corner. But if you think that’s all there is, you’re missing out. Even if you cannot travel the world, your palette can indeed travel across the globe in Bangkok. Now buckle up; here is where to find underrated international cuisines in Bangkok! Burmese Thailand’s next-door neighbour, Myanmar (Burma) ‘s food is sinfully overlooked in the international food scene. You’re mistaken if you think Burmese food should be similar to Thai food. Influenced by South and Southeast Asia, Burmese dishes often rely on savoury, sour and salty flavours. The unique blend of ingredients such as pickled tea, chickpea powder or ground dried shrimp might surprise you! Laphet (Image via Flickr) … [Read more...] about Where to find underrated international cuisines in Bangkok

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Not appropriate to hold GE15 next year, says Ahmad Zahid

August 15, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 14): Barisan Nasional (BN) Chairman Datuk Seri Dr Ahmad Zahid Hamidi views it as inappropriate to hold the 15th general election (GE15) next year, due to economic factors and a possible rise in inflation rate. “I am confident that it will be held this year because there are many indicators pointing in that direction, I think it is most suitable for us to hold it (GE15) this year," he said when met by reporters after officiating at the closing of Wanita BN Convention at the World Trade Centre (WTC) here on Sunday (Aug 14). He said BN has begun preparation for GE15 at all levels with plans to compete with the underdog spirit, to ensure that the party machinery would do their best to gain voter support. "We must strive for more than what we had achieved before. We will work to be dominant in (GE15) this time, even though we are the underdog being attacked from various sides," he said. Meanwhile, Ahmad Zahid in his speech, said BN must be … [Read more...] about Not appropriate to hold GE15 next year, says Ahmad Zahid

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Buying interest boosts ringgit against US dollar

August 15, 2022 by www.theedgemarkets.com

- A + A KUALA LUMPUR (Aug 15): The ringgit opened higher against the US dollar on Monday (Aug 15), as buying interest for the local note continued, backed by encouraging economic growth data and easing sentiment for the greenback due to the latest inflation data, analysts said. At 9 am, the local currency had risen to 4.4430/4480, versus the greenback from last Friday’s close at 4.4435/4455. According to reports, given the positive gross domestic product growth of 8.9% in the second quarter of 2022 (2Q22), Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz expects that Malaysia’s growth will continue to accelerate in 3Q22, driven by private consumption. Last week, Bank Negara Malaysia governor Tan Sri Nor Shamsiah Mohd Yunus said the ringgit had remained relatively stable against the currencies of Malaysia's major trading partners, despite the stronger US dollar environment. The governor said that in 2Q22, the ringgit’s nominal effective exchange rate … [Read more...] about Buying interest boosts ringgit against US dollar

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Najib’s final SRC appeal due to be heard Monday

August 15, 2022 by www.theedgemarkets.com

The Federal Court is the final avenue for former prime minister Datuk Seri Najib Razak to appeal his conviction in the SRC case. (Zahid Izzani/The Edge) - A + A KUALA LUMPUR (Aug 15): Former prime minister Datuk Seri Najib Razak's pivotal application to adduce further evidence in a bid to nullify the SRC International Sdn Bhd trial where he is convicted will be heard at the Federal Court on Monday. Najib and his new team of lawyers -- Hisyam Teh Poh Teik, along with Liew Teck Huat and Rueben Mathivaranam -- will try and impress upon the apex court bench the need for a re-trial. Their main argument will centre around trial judge Datuk Mohd Nazlan Mohd Ghazali not declaring prior to the trial that while he was general counsel and company secretary at Maybank, a unit under the bank's research arm had proposed that 1Malaysia Development Bhd set SRC up. Initially, Najib and his previous lawyers from Messrs Shafee & Co had asserted that Nazlan had potentially … [Read more...] about Najib’s final SRC appeal due to be heard Monday

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