Swiss financial regulator probes banks suspected to have cash-flows linked to 1MDB

BASEL, Switzerland (April 7,2016) - A number of Swiss banks are involved in both the corruption scandal surrounding Brazil's Petrobras and the suspicious cash flows linked to the Malaysian sovereign fund 1MDB, according to Bruno Manser Fund (BMF) today.

"FINMA has carried out investigations into more than 20 banks in connection with these cases, and has opened seven enforcement proceedings against institutions", Mark Branson, chief executive officer of FINMA, the Swiss bank regulator, said on Thursday at FINMA's annual media conference.

Economic and infrastructure needs tops voter concerns in Sarawak

KUCHING, April 6, 2016  – Economic issues, comprising worries over rising cost of living, economic hardship, jobs and other related matters were reported by 33% of Sarawak voters as their top concern, according to a survey conducted by Merdeka's Centre.

The center's programme director Ibrahim Suffian said this was followed by the need for development gaps to be fulfilled (28%), state administration (8%) and public safety issues (5%) as found in a survey among Sarawak voters concluded at the end of January 2016.

Village headmen asked why their NCR land declared communal reserves under Section 6 of the Land Code

By Vernon Aji Kedit

Four longhouse headmen from Layar in Betong, in a press conference held this morning at PKR Betong headquarters, have come forward with documentary evidence that their NCR lands have been declared Native Communal Reserves under Section 6 of the Sarawak Land Code.

PBB, PRS, DAP and SPDP all running scared from facing the rakyat at the S4S debate on 10 April

By Peter John Jaban

The S4S debate will proceed on 10 April 2016 with most of the parties with seats in the Dewan Undangan Negeri – PBB, PRS, DAP and SPDP – all running scared from facing the Rakyat. 

 

Peter John Jaban (centre) with other S4S members

Villagers says they don't want Kaiduan Dam to be built in their area

KOTA KINABALU: Villagers impacted by the proposed Kaiduan Dam must be consulted and  collectively give the nod before researchers are allowed access to carry out a Social Impact Assessment (SIA), the Task Force Against Kaiduan Dam (TAKaD) said today.