So we now know that the Penang Development Corporation, a state government agency, sold land parcels for proceeds totalling RM1.9bn from 2008 to 2015. But PDC recorded a "net profit" of only RM147m after deducting RM1.8bn for "land acquisition, development...
This is something I wrote on 7 August 2011, for your information: Cadangan S P Setia untuk mengambil-alih 40 peratus baki saham dalam KL Eco City dari Yayasan Gerakbakti Kebangsaaan (YGK) dengan nilai RM75 juta telah menimbulkan beberapa soalan.  S P...
In case you missed it. The plot thickens. Meanwhile, Leonardo DiCaprio is also under pressure over his links with 1MDB with a protest held in London over the funding for the movie Wolf of Wall Street. The irony of...
Whither transparency? There was much talk in Penang about freedom of information last week especially around Right to Information Day (28 September). But sadly, when it came to the crunch, a freedom of information request to the Penang state government...
While much attention has focused on BUCG's removal from Consortium Zenith BUCG Sdn Bhd, perhaps it is time to take another look at how another state-owned firm from China, China Railway Construction Corporation Ltd (CRCC), ended up as the...
The World Bank has specific guidelines to highlight conflict of interest situations especially in procurement. This one from the bank's Procurement Guidelines should be of interest to us: 1.7 A firm shall be considered to have a conflict of interest in...
In solidarity with the brave students demanding accountability in the 1MDB scandal. There is hope for this country yet. #tangkapMO1 Tweets ...
Yesterday, Sarawak Report made an explosive allegation about an inflation of costs in the proposed East Coast Rail Line from RM30bn to RM60bn so that 1MDB debts could be paid off. The website claimed that the project would be awarded...
US Attorney General Loretta E Lynch delivered these remarks at a press conference yesterday to announce "significant kleptocracy enforcement action" to recover more than US$1bn obtained from corruption involving 1MDB. Good morning, and thank you all for being here.... I’m...
This is an excerpt from Guan Eng's clarification on 8 July 2016 regarding his remarks to Penang Institute, which stirred a controversy: The gist of the text of my speech stresses on the practice of freedom in Penang, the...

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