Monday, August 08, 2016

1MDB: The inside story of the world’s biggest financial scandal

Malaysia is just a small nation of around 30 million people but of late the country has been under the limelight (negatively unfortunately) on the 1MDB (1Malaysia Development Berhad) issue. Most of us, even Malaysians, are still not sure what it's all about.

But if you are interested, here's an article on MSN that would shed some light: 1MDB: The inside story of the world’s biggest financial scandal.

It's worth a read as it has been touted as the biggest case of its kind worldwide.

Money from 1MDB, the US also claimed, helped to purchase luxury apartments in Manhattan, mansions in Los Angeles, paintings by Monet and Van Gogh, a corporate jet, and even financed a major Hollywood movie.

Take a read. This scheme of things involves a number of countries and prominent personalities.

© Provided by Guardian News United States Department of Justice alleges that money from 1MDB was used to buy Claude Monet’s NymphĂ©as Avec Reflets de Hautes Herbes, valued at $57.5m. Photograph…

© Provided by Guardian News This drawing by Vincent Van Gogh, worth $5.5m, was allegedly bought with money from 1MDB, according to the US authorities. Photograph: Frank Baron for the Guardian

Image source: MSN

Friday, May 20, 2016

On Malaysian Emigration

Statictics... Chinese make up 90% of those who gave up citizenship

From The Star:

ALMOST 90% of the 56,576 Malaysians who renounced their citi­zenship over the past decade were Chinese.

Home Minister Datuk Seri Dr Ahmad Zahid Hamidi revealed that 49,864 Malaysian Chinese gave up their citizenship from 2006 to April this year.

In a written reply to Ramkarpal Singh (DAP-Bukit Gelugor), Dr Ahmad Zahid also said in that pe­­riod, 834 Malays, 1,833 Indians and 4,044 others had done the same.

On a separate question by Kasthu­riraani Patto (DAP-Batu Kawan), Dr Ahmad Zahid said 43,453 foreigners were granted citizenship since 2006.

“The largest numbers were from Indonesia, India and Thailand,” he said.

Sunday, May 08, 2016

Flash flood in Putrajaya

Kuala Lumpur and the Klang Valley have seen some severe storms the past week or so resulting in flash floods in certain parts of the city. One such flash flood happened in Putrajaya yesterday. Take a look..

Two vehicles were reported trapped in flash floods around Precinct 3 and Precinct 4 following heavy rains since 6pm in Jalan Perpaduan. Photo courtesy of The Star 

Wednesday, April 13, 2016

Kuala Lumpur and Genting Highlands

Planning a trip to Kuala Lumpur soon? Here's some information about Kuala Lumpur that may be helpful.

While you are here, you may also want to include Genting Highlands in your itinerary if you can. Though just an hour's drive from the city you would be transported to a totally different atmosphere. For starters, it's a lot cooler up there being at a higher elevation. Let me clue you in on Genting Highlands a little bit.

Sunday, March 13, 2016

Bird migration

Every year from January to mid-April, 30,000 to 40,000 migratory Oriental Honey-buzzards soar across the Malaysian skies as part of their spring migration. These raptors fly through the area at the Tanjung Tuan lighthouse in Port Dickson to pick up the thermal heat before heading back home to their breeding grounds in northern Asia and East Asia including Siberia, China, Mongolia, Korea, Japan, India and Indochina as winter draws to an end.

Watch these beautiful creatures in flight.

Source: The Star

Sunday, February 07, 2016

Happy Chinese New Year 2016

Best wishes for Health, Happiness and Prosperity!

Source: 123greetings

Today is the eve of Chinese New Year, the 29th day of the 12th lunar month before the lunar calendar turns to the new lunar year. Tomorrow marks the new year of the Monkey, the Fire Monkey.

Want to ensure a better year ahead? Learn about when to start work in the new year. It is believed that starting work on the right (read auspicious) day will ensure that you will have a smooth year ahead.

Friday, January 01, 2016

Happy New Year 2016

Dear Readers, best wishes for a Happy and Safe New Year!

Friday, December 25, 2015

Merry Christmas and Happy Holidays!

Wishing you and your loved ones Merry Christmas and Happy Holidays!
Related Posts Plugin for WordPress, Blogger...