Former PM Najib, wife banned from leaving Malaysia

Former PM Najib, wife banned from leaving Malaysia

Former PM Najib, wife banned from leaving Malaysia

Jangan Gusar (Do Not Fret) - The Prime Minister has urged Malaysians to not doubt or worry about the Pakatan Harapan-led government's effort in restructuring for the betterment of the nation, as Utusan Malaysia highlighted.

Najib said that he and his family were planning to go on an overseas holiday on Saturday and would return next week following which the immigration department made the announcement via its social site account, BBC reported.

Mr Najib and 1MDB deny any wrongdoing. Travel restrictions suggest that the new government is determined to move swiftly to investigate Mr Najib's links to the controversial 1Malaysia Development Berhad (1MDB) fund, or Malaysia's largest-ever corruption scandal.

"This will have an impact on prices and they will have to correct to reflect this higher level of uncertainty.I think the markets have been wrong-footed", she said, though adding, that the economy, especially with oil prices rising, was well placed to absorb the shock.

Cukup Pendapatan Mansuhkan GST (Enough Funds To Abolish The GST) - Berita Harian reported that the Prime Minister vehemently emphasised that the country's income will not decrease in the absence of the GST as he blamed misused funds and wastefulness as the root cause of the decrease.

Mahathir said projects with foreign investors would be reviewed to determine how they would benefit his country. The announcement came after calls from the organization, the linchpin of the coalition, for Najib to resign.

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After over four decades in politics and the recent election campaign, which was regrettably personal and perhaps the most intense in Malaysian history, I will take a short break to spend time with my family whom I have not seen enough of in recent years.

Anwar is in prison on corruption and sodomy charges that were widely denounced as politically motivated.

Also Saturday the daughter of Anwar Ibrahim told news outlets that the opposition leader will be released from prison Tuesday and receive a full royal pardon.

Markets had been closed since last Wednesday's election, which unexpectedly swept Mahathir Mohamad back to the office of prime minister, and traders had widely expected stock prices and the currency to drop. He is the first ethnic Chinese to hold the post in 44 years in a country that has to manage tensions between the majority Malay group and minorities, and where economic advantages are given to ethnic Malays.

Mahathir also named former Deputy Prime Minister Muhyiddin Yassin as home affairs minister and Mohamad Sabu as defense minister.

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