MALAYSIA NOW – March 2016

News Sarawak State Legislative Assembly Dissolves in April Chief Minister Adenan Satem announced that the Sarawak State Legislative Assembly will be dissolved on 11 April 2016. Following the dissolution, the Election Commission (EC) will take over to arrange the Sarawak state election. Of 82 constituencies to be contested, 11 will be new. Minister in the Prime Minister’s Department, Azalina Othman Said, revealed that the EC will spend RM135.6 million in this upcoming Sarawak state election. In a written reply to DAP Member of Parliament (MP) Wong Ling Biu, Azalina reported…

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MALAYSIA NOW – February 2016

NEWS  1Malaysia Development Bhd (1MDB) and Goldman Sachs The New York Post published an article entitled “FBI Gathers Clues In Massive Goldman Sachs Money Scandal” on 20th February 2016.  The article stated that US law enforcement officials are gathering sensitive documents and identifying potential witnesses from around the world in Goldman Sachs’ involvement with 1MDB. Goldman Sachs is an American investment banking firm that engages in global investment banking, securities, investment management and other financial services, primarily with institutional clients. It has been reported that “exorbitant” fees for transactions were…

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MALAYSIA NOW – January 2016

Sarawak State Election Sarawak Chief Minister Datuk Patinggi Tan Sri Adenan Satem announced the proposed dates for the Sarawak state election. He said that he had met the Election Commission (EC) and set the proposed dates of 18th April 2016 as nomination day and 30th April 2016 for polling. The following day, May 1st is a public holiday. Datuk Patinggi Tan Sri Adenan Satem Taken from Bernama The EC estimated that the election will cost RM181 million, with a large portion going towards transportation and rental costs. This figure is…

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