Fast, factual wire coverage from across Malaysia and the region.
The Malaysian Anti-Corruption Commission has collected statements from 10 senior officials as it deepens its investigation into the Retirement Fund's controversial RM200 million investment in Indonesian aquaculture technology firm eFishery.
Malaysia's anti-corruption watchdog is poised to release fresh findings from its investigation into a RM200 million investment made by pension fund KWAP in Indonesian aquaculture technology company eFishery, signalling intensifying scrutiny of the controversial deal.
DAP's Kampar MP Chong Zhemin has rejected PAS Youth's call for Prime Minister Anwar Ibrahim to resign over losses incurred by government pension fund KWAP in the eFishery scandal, cautioning against using corporate fraud for political gain.
Prime Minister Anwar Ibrahim has called for a balanced evaluation of the Retirement Fund's RM12.9 billion net profit, defending its investment strategy and eFishery stake alongside major global investors.
Prime Minister Anwar Ibrahim has warned that the Retirement Fund Incorporated's (KWAP) annual investment earnings of RM12.9 billion cannot meet Malaysia's annual pension bill of nearly RM45 billion, underlining structural pension system challenges.
Prime Minister Anwar Ibrahim has declared the government will take a hard line against any corruption or fraud involving KWAP's investment in aquaculture firm eFishery, even as initial reports suggest none occurred. The MACC has been tasked to scrutinise the entire investment process.
Prime Minister Anwar Ibrahim has endorsed a Malaysian Anti-Corruption Commission investigation into a RM163.4 million investment by retirement fund manager KWAP in Indonesian aquaculture company eFishery, stating preliminary findings suggest no impropriety.
Malaysia's pension fund KWAP has outlined its recovery strategy following a RM163.4 million fraud loss tied to its investment in Indonesian aquaculture startup eFishery, seeking to reassure pensioners and stakeholders.
Malaysia's Parliamentary Public Accounts Committee has not yet determined whether to launch a formal inquiry into the alleged RM200 million fraud involving state pension fund KWAP and Indonesian aquaculture firm eFishery.