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Saudi Arabia said on Thursday that $681m (£479m) transferred into Malaysian Prime Minister Najib Razak’s personal bank account was a “genuine donation”.

Najib faced corruption allegations after the transfer was discovered last year. Fighting for his political life, the premier was cleared in January by the Malaysian attorney general, who said the cash was a gift from the royal family in Saudi Arabia.

Asked at the summit of the Organisation of Islamic Cooperation in Istanbul if he was aware of the details of the political donation, Saudi foreign minister Adel al-Jubeir said: “It is a genuine donation with nothing expected in return.

“And we are also fully aware that the attorney general of Malaysia has thoroughly investigated the matter and found no wrongdoing,” he added.

“So, as far as we are concerned, the matter is closed,” he said, without elaborating on who donated the money or why.

The Malaysian and Saudi governments had a bilateral meeting in Istanbul before the comments were made.

Malaysia says the money was donated in support of Najib’s fight against extremism. In February, al-Jubeir was quoted in the New York Times as saying he believed the funds “went to an

KUALA LUMPUR - Tan Seng Giaw (DAP-Kepong) today said Prime Minister Najib Razak should not be held accountable for the scandals surrounding 1MDB.

This contradicts the stand of his fellow DAP member, Petaling Jaya Utara MP Tony Pua, who stated that Najib was to blame for all the shenanigans in the debt-ridden firm.

Tan said 1MDB’s management should be held responsible for the problems in the state-owned firm.

“No. We have looked at all of it. We saw that he (Najib) was not directly involved

KUANTAN - Prof Dr Tatiana A. Denisova may be born a Russian and not a native speaker of Malay language, but her passion for Jawi script enables her to be exceptionally good in reading and understanding Malay folklores and literature, which are mostly written in Jawi script.

Denisova, 57, said her passion for Jawi script began when she was studying Islamic History at the St Petersburg State University in Russia.

"One day I found a magazine on Malay Muslim history and culture, which was

The US$2 billion (US$1 = RM4.07) investment commitment from China Railway Group Ltd (CREC) in Bandar Malaysia will lead to more foreign direct investments (FDIs) flowing into the country, says Prime Minister Datuk Seri Najib Tun Razak.

As a major multinational player, CREC's confidence in Bandar Malaysia as a valuable investment underlies its confidence in Malaysia's economy.

Najib said CREC acted as an impressive first mover in Bandar Malaysia with its US$2 billion commitment that would attract

DAP celebrates April Fool's Day by propagating that GST will be up by 4% soon! DAP has once again pressed the panic button to warn Sarawakians that if BN wins the state election, the GST will be increased to 10% at the very least! This is being released on Malaysiakini soon after Chief Minister Tan Sri Adenan's announcement that the State Assembly will be dissolved on the 11th April 2016. 

"Such lies intending to create market panic and to fear monger among the public are among some usual

Prime Minister Datuk Seri Mohd Najib Tun Razak has approved an allocation of RM50 million for the construction of the 22km road from Nanga Ngungun to Nanga Jagau.

He made the announcement while making a visit to Rumah Taboh at the Rascom Resettlement Scheme in Nanga Ngungun today.

"The government is deeply committed in providing development for the people particularly those staying in the rural areas," he said.

The construction of the road later will enable settlers from Ulu Ngemah, who were moved

Malaysia’s strong financial system even among its Asean peers and beyond, has not only impressed others but is being sought after by many, says the World Bank Group.

Country Director, South-East Asia (Brunei, Cambodia, Laos, Malaysia, Myanmar, Thailand), East Asia and Pacific Region Dr Ulrich Zachau said these countries were seeking Malaysia’s expertise to improve their financial systems.

He said Malaysia emerged stronger, among others, in terms of access to credit and the number of people

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