Independent Malaysian news, politics and national affairs.
Indonesia's recent legislation granting broad legal protection to Danantara sovereign wealth fund bond investors has prompted financial crime experts to flag significant money laundering risks.
The High Court has rescheduled the appeal hearing for former Youth and Sports Ministry officer Otman Arshad to September. Arshad was convicted on 32 charges of abuse of power and 64 money laundering offences. The judge warned against further postponements.
Malaysian courts face a busy week handling two significant cases involving political and military figures. Former Felda chairman Datuk Seri Mohd Isa Abdul Samad's corruption conviction review and ex-army chief Tan Sri Muhammad Hafizuddeain Jantan's money laundering proceedings are set to proceed.