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The Selangor State Development Corporation has rejected claims it suffered RM103.69 million in losses and RM6.1 billion in accumulated debt, asserting these figures misrepresent its true financial standing.
The Malaysian Anti-Corruption Commission has extended its questioning of a former chief financial officer for a third day regarding a contested RM370 million acquisition of plantation company shares involving a state-owned enterprise.
Prime Minister Anwar Ibrahim has cautioned the Federal Land Development Authority against repeating historical missteps, emphasising the importance of robust governance as the organisation grapples with approximately RM980 million in accumulated debt.