World Bank shareholders approve US$13 billion capital increase
World Bank shareholders approved a "historic" increase in the bank's lending capacity on Saturday (Apr 21) after the United States backed a reform package that curbs loans and charges more for higher income countries like China.
PUTRAJAYA (Aug 13): Tun Dr Mahathir Mohamad confirmed today that the government is bringing back a US$35 million private jet belonging to 1MDB mastermind Jho Low.
The prime minister said the jet will be “brought in as soon as we can [bring it to] flight”, implying Putrajaya has already received the nod from Singaporean authorities for the transfer.
“It’s been lying on the ground for a long time, and planes which do not fly often, need to be serviced and checked.