HEADLINES

Boustead Naval Shipyard

Ex-Boustead Naval Shipyard managing director files application to dismiss CBT charges, cites poor health

Former navy chief is accused of fraudulently approving payments of RM21.08 million to three firms without board approval

LCS scandal: AGC rejects Ramli Mohd Nor’s bid to drop RM21 mil CBT charges

The Attorney-General Chambers has rejected the representation submitted by Boustead Naval Shipyard Sdn Bhd managing director Tan Sri Ahmad Ramli Mohd Nor to drop three criminal breach of trust charges of the company’s fund totalling RM21.08 million involving the littoral combat ship project for the Royal Malaysian Navy. 

Red flags ignored, govt money down the drain? A recap of the LCS saga

The eye-watering RM9 billion littoral combat ships project courted controversy last year when multiple government and corporate reports outlined discrepancies behind the deal with main contractor Boustead Naval Shipyard and other companies.

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

National shuttlers demand RM2 million salaries: can BAM keep up financially?

Several top athletes aim for salaries that could outpace even the highest-earning footballers, raising questions about the sustainability of funding within Malaysian sports