1MDB’s borrowings have risen from RM36bn last year to RM42bn at the end of March 2014.
Penangite links up with Lithuanian to publish children’s book with a difference
It’s not often that you come across a vividly illustrated children’s book relating the adventures of a young person in the streets of a city trying to unravel a mystery after dark. And this city bears some resemblance to George Town.
A new children’s book, Twee and the Mysterious Howl, by writer Rosalind Chua and illustrator Artur Sirin was launched in Penang on 8 November with a launch in Europe expected next year.
1MDB would have shown much larger loss if not for RM897m property revaluation
1MDB would have showed a much larger loss than its RM669m loss before tax if it hadn’t included in its books a surplus on revaluation of investment properties amounting to RM897m.
EXPOSED: Tony Blair’s lucrative cash-for-contacts deal with 1MDB-funded PetroSaudi
The Sunday Times in the UK has a massive expose on that war criminal Tony Blair:
TONY BLAIR secured a secret contract with an oil company founded by a senior member of the Saudi royal family for a fee of £41,000 a month and a 2% commission on any of the multimillion-pound deals he helped broker, a leaked document reveals.
The contract agreed in November 2010 between Tony Blair Associates (TBA) and the oil firm PetroSaudi involved the former premier arranging introductions to his contacts in China, including senior political figures. The firm was told it could not divulge Blair’s role to anyone without permission.
Eight student reps held in Sabah now FREED
0131 (Monday): “Menurut Pengerusi Pro-M UMSKK, saudara Muhammad Asyraf Che Ani, kesemua yang ditahan telah dibebaskan. Syabas!” So says a tweet by @MsiswaGANYANG.
The eight, who were being held at the Karamusing Police Station, are Fahmi Zainol, Ainullutfi, Asyraf Che Ani, Fathihie, Jamhuri, Fadhil, Nazrin, and Tan Choonan. They were without a lawyer.
EXPOSED: While ordinary people have to pay GST or VAT, find out how some MNCs are slashing their tax bills
While many ordinary people, even the poor, are now burdened with taxes such as GST or VAT, some multinational corporations are channelling billions of dollars through Luxembourg to drastically slash their global tax bills in some cases to an effective tax rate of less than 1 per cent.
Aziz Bari addresses students after being barred entry into UIA (video)
The law professor spoke at 11.30pm yesterday at the gates of the campus in Gombak after campus security and police blocked him from entering.
Zunar’s stand
Three of Zunar’s part-time assistants were arrested for selling his cartoon books at the Palace of Justice a couple of days ago during the Anwar trial. (The information released at the time and reported was that his wife was among those arrested – but then his wife was in Port Dickson at the time, so how?! Oops.) The three – Rizaldy, Raja Norita and Norliza Mohd Kassim – were released at midnight.
Ten copies of Pirates of the Carry-BN and 33 copies of Buku Komplot Penjarakan Anwar were seized. (Check out the books.) The books are apparently being investigated under three laws: the Printing Presses and Publications Act, the Penal Code and the Sedition Act.
A few colleagues and I caught up with Zunar over a banana leaf lunch when he was in Penang recently. Check out the T-shirt he was wearing.

1MDB plunges into the red with RM670m pre-tax loss
The pre-tax loss for the year ended 31 March 2014 of RM670m stands in sharp contrast to its pre-tax profit of RM878 in the previous financial year – a swing of some RM1.5bn.

