Search results
Results from the WOW.Com Content Network
He was the president and CEO of Petronas from April 2015 until 30 June 2020, [1] taking over from Tan Sri Shamsul Azhar Abbas. [6] In June 2018, Attorney General of Sarawak requested that Petronas be relieved of its authority role in the oil and gas market in the Sarawak region. [7] Zulkiflee has stated that oil and gas royalties and regulatory ...
The 1Malaysia Development Berhad scandal is an ongoing political scandal in Malaysia, [1] 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.
1Malaysia Development Berhad (1MDB; Malay: [ˈsatu maˈlajʃa dɛˈvɛlɔpmɛn(t) bərˈɦad]) is an insolvent [1] Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). [2] [3]
For premium support please call: 800-290-4726 more ways to reach us
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. [1]
In February 2024, it was announced Nestle is expanding manufacturing capacity in India and increasing investments — the company will invest between ₹60-65 billion ($723–783 million) from 2020 to 2025. [89] In August 2024, Nestlé announced Schneider would leave his position as CEO and be replaced by Laurent Freixe on September 1, 2024. [90]
[3] [4] In 2014, Malaysia's economy grew 6%, the second highest growth in ASEAN behind Philippines' growth of 6.1%. [5] The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update]
MRT Retail Sdn. Bhd., doing business as Kedai Rakyat 1Malaysia (KR1M) (unofficial English title: 1Malaysia Grocery Stores) is a government-owned chain of convenience stores in Malaysia. It was established as part of the national campaign of 1Malaysia. Due to declining turnout rates and support from the public, it has closed all locations in 2017.