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...
All kinds of hurdles are placed in the way of releasing information under the Freedom of Information Enactment in Penang. First, you have to apply. Fair enough. Then you have to pay a fee. Not a small one either. Then's...
So it has come to this: Ipic, Abu Dhabi's sovereign wealth fund, is seeking arbitration in London for some US$6.5bn, which it claims is owed to it following a dispute with 1MDB. Last year, Ipic had given 1MDB a...
In early May, the Financial Times of London carried an in-depth feature on the City of London as a global money laundering hub, which included an expose of the Swiss private bank BSI in the UK. The paper revealed...
The other day, I visited a relative in a general hospital. I was shocked to see how crammed the conditions are. In the ward section he was in, as well as in other nearby sections, a space originally meant for...

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