Archive for the ‘Snippets’ Category

2,200 Chinese officials investigated over corruption
Chinese authorities have investigated more than 2,200 government officials for involvement in major fiscal fraud, the country’s top auditor said Sunday. Liu Jiayi, head of the National Audit Office (NAO), said this when he briefed lawmakers on the audit of the central government 2014 budget. He said majority of violations...

1MDB saga: RM2B deposited into account in SG
Singapore (11 Jul) - The bank account of businessman Low Taek Jho, also known as Jho Low, has come under scrutiny amid the ongoing investigation into 1Malaysia Development Berhad (1MDB) funds. The Wall Street Journal (WSJ) reported on Thursday that Singapore police and Bank Negara were looking into US$529mil (RM2bil) said to...
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