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Prime Minister Anwar Ibrahim has blocked the Federal Land Development Authority's proposed sale of a hotel for £100 million, down from its £160 million purchase price. He has ordered management to submit a comprehensive report into the transaction.
Malaysia's retirement fund KWAP lost RM163.4 million in the fraudulent Indonesian eFishery investment. The Finance Ministry must clarify conflicting loss figures, investigate governance failures, and implement binding reforms to protect public retirement savings.
The MACC has submitted governance proposals aimed at improving the administration of non-Muslim places of worship following investigations into maintenance projects that squandered public funds.