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Barnama
22-05-2025
- Business
- Barnama
CPO Futures Close Lower, Tracking Weaker Soybean Oil Prices
GENERAL By Nur Athirah Mohd Shaharuddin KUALA LUMPUR, May 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, tracking weakness in the soybean oil market, said palm oil trader David Ng. He noted that market sentiment was also weighed down by concerns over rising output in the coming weeks. 'We see support at RM3,800 per tonne and resistance at RM3,900,' Ng told Bernama. At the close, the new spot month of June 2025 fell by RM69 to RM3,822 per tonne. July 2025 declined by RM71 to RM3,833 per tonne, and August 2025 dropped RM74 to RM3,820 per tonne. September 2025 slipped by RM73 to RM3,809 per tonne, October 2025 was down by RM75 to RM3,803, and November 2025 eased by RM71 to RM3,809 per tonne. Trading volume declined to 66,842 lots from 79,236 previously, while open interest edged up to 247,462 contracts from 243,689. The physical CPO price for June South slipped by RM30 to RM3,890 per tonne. -- BERNAMA


New Straits Times
15-05-2025
- New Straits Times
Three women face 106 corruption charges linked to driving test bribes
JOHOR BARU: Two former clerks and a driving licence candidate agent were charged at the Sessions Court here today with a total of 106 counts of accepting and abetting bribes related to the approval of computerised driving tests. Nuratika Natasha Mohd Salleh, 25, and Nurieta Ahmad Pale, 36, pleaded not guilty to a combined 53 charges of accepting bribes between August and October last year, while their former employer, agency owner Siti Norafidah Othman, 45, denied the 53 charges of abetting the offences. According to the charge sheet, Nuratika allegedly received RM48,741 through 29 online transactions from a 26-year-old woman as payment to ensure passing results for candidates in the first part of the computerised driving licence test. These transactions were reportedly conducted at a bank in Jalan Niaga 1, Kota Tinggi. Meanwhile, Nurieta was charged with receiving RM21,172 through 24 online transfers from Nuratika as a reward for providing similar favours. Her transactions took place at a bank in Bandar Penawar, also in Kota Tinggi. Siti Norafidah, who managed the agency supplying driving test candidates, was accused of abetting both former clerks in receiving the bribes totalling RM69,913. The payments were allegedly made via accounts at banks in Bandar Penawar and Felda Air Tawar. All charges fall under Section 16(a)(A) and Section 28(1)(c) of the Malaysian Anti-Corruption Commission (MACC) Act 2009, punishable under Section 24(1) of the same Act. Convictions carry a maximum sentence of 20 years in prison and a fine of not less than five times the amount of the bribe, or RM10,000, whichever is higher. MACC deputy public prosecutor Fazal Lisam Abidin prosecuted, while Nuratika and Nurieta were represented by lawyers Syufri A. Samad and Naufal Amran, and Siti Norafidah was represented by Abdul Rahim Ali. Judge Datuk Ahmad Kamal Arifin Ismail granted bail of RM7,000 each to Nuratika and Nurieta, and RM10,000 to Siti Norafidah, with conditions including monthly reporting to the Johor MACC office and surrendering their passports. The court has set June 26 for document submission and further mention.


New Straits Times
15-05-2025
- New Straits Times
3 women charged with 106 graft counts over driving test bribe scheme
JOHOR BARU: Two former clerks and a driving licence candidate agent were charged at the Sessions Court here today with a total of 106 counts of accepting and abetting bribes related to the approval of computerised driving tests. Nuratika Natasha Mohd Salleh, 25, and Nurieta Ahmad Pale, 36, pleaded not guilty to a combined 53 charges of accepting bribes between August and October last year, while their former employer, agency owner Siti Norafidah Othman, 45, denied the 53 charges of abetting the offences. According to the charge sheet, Nuratika allegedly received RM48,741 through 29 online transactions from a 26-year-old woman as payment to ensure passing results for candidates in the first part of the computerised driving licence test. These transactions were reportedly conducted at a bank in Jalan Niaga 1, Kota Tinggi. Meanwhile, Nurieta was charged with receiving RM21,172 through 24 online transfers from Nuratika as a reward for providing similar favours. Her transactions took place at a bank in Bandar Penawar, also in Kota Tinggi. Siti Norafidah, who managed the agency supplying driving test candidates, was accused of abetting both former clerks in receiving the bribes totalling RM69,913. The payments were allegedly made via accounts at banks in Bandar Penawar and Felda Air Tawar. All charges fall under Section 16(a)(A) and Section 28(1)(c) of the Malaysian Anti-Corruption Commission (MACC) Act 2009, punishable under Section 24(1) of the same Act. Convictions carry a maximum sentence of 20 years in prison and a fine of not less than five times the amount of the bribe, or RM10,000, whichever is higher. MACC deputy public prosecutor Fazal Lisam Abidin prosecuted, while Nuratika and Nurieta were represented by lawyers Syufri A. Samad and Naufal Amran, and Siti Norafidah was represented by Abdul Rahim Ali. Judge Datuk Ahmad Kamal Arifin Ismail granted bail of RM7,000 each to Nuratika and Nurieta, and RM10,000 to Siti Norafidah, with conditions including monthly reporting to the Johor MACC office and surrendering their passports. The court has set June 26 for document submission and further mention.


The Sun
07-05-2025
- The Sun
Company director held over RM1.65m false claim for PPAM project
PUTRAJAYA: A construction company director with a Datuk title has been arrested by the Malaysian Anti-Corruption Commission (MACC) for allegedly submitting documents containing false details involving RM1.65 million in connection with the RM162 million Civil Servants Housing (PPAM) project in Perak. According to a source, the man in his 60s was arrested at about 5.15 pm yesterday when he turned up to give his statement at the MACC headquarters here. 'The suspect is believed to have committed the offence in March 2025 by submitting documents with false details to the bank to withdraw about RM1.6 million from a RM69 million financing facility for the project,' said the source. The man has been remanded for five days until May 11 after Magistrate Siti Roslizawati Mohd Zanin allowed the MACC's application at the Putrajaya Magistrate's Court today. MACC Investigation Division senior director Datuk Zainul Darus, when contacted, confirmed the arrest and said the case was being investigated under Section 18 of the MACC Act 2009.


New Straits Times
07-05-2025
- New Straits Times
Developer's director held over RM1.6mil false claim in Perak housing project
KUALA LUMPUR: A developer company director, who holds the title 'Datuk', has been arrested by the Malaysian Anti-Corruption Commission (MACC) on suspicion of submitting false documents involving RM1.65 million linked to the RM162 million Civil Servants Housing Project in Perak. Sources said the suspect, in his 60s, was detained at about 5.15pm yesterday after presenting himself at the MACC headquarters in Putrajaya to have his statement recorded. "The alleged offence occurred in March, when the suspect is believed to have submitted falsified documents to a bank to facilitate the withdrawal of RM1.65 million. "The sum was part of a RM69 million financing facility extended for the project," the source said. MACC Investigation Division senior director Datuk Zainul Darus confirmed the arrest, adding that the case is being investigated under Section 18 of the MACC Act 2009, which pertains to the submission of false claims or documents. This morning, magistrate Siti Roslizawati Mohd Zanin granted a five-day remand order against the suspect, effective until May 11, following an application by MACC at the Putrajaya magistrate's court.