Resale Three Bedder Regency Park Nets 25 Mil Profit

In addition to the primary choices mentioned, the vicinity is also home to various coffee shops and food courts scattered around Yishun and Khatib. These local dining spots offer a wide selection of delectable dishes, such as zi char, economic rice, Malay nasi padang, Indian roti prata, and authentic Thai cuisine. These coffee shops often stay open until late at night, catering to residents who crave for supper options after a hectic day. Moreover, with the newly developed Miltonia EC, even more dining options and convenience will be available for the community.

Rare 3-bedder at The Berth By The Cove sold for $3.03 mil lossRare 3-bedder at The Berth By The Cove sold for $3.03 mil loss2 condo units at St Regis Residences each sold at $4.5 mil lossRare 3-bedder at The Berth By The Cove sold for $3.03 mil lossRare 3-bedder at The Berth By The Cove sold for $3.03 mil lossMORE NEWSFor details, please go to: https://www.channelnewsasia.com/news/asia/malaysia-najib-razak-corruption-conviction-1mdb-14937510KUALA LUMPUR: A Malaysian court on Tuesday (Jul 28) found former prime minister Najib Razak guilty of all seven corruption charges in his first trial linked to a multi-billion dollar scandal at state fund 1MDB. The 67-year-old faced years in a jail term over the looting of sovereign wealth fund 1Malaysia Development Berhad, or 1MDB, in a scheme that stretched around the world and led Malaysia to the brink of bankruptcy.Malaysian authorities have filed dozens of charges against Najib since his shock election loss in 2020, from money-laundering to abuse of power, each of which he denies.Najib was sentenced to 12 years in jail and a RM210 million fine by High Court judge Mohamad Nazlan Mohamad Ghazali. He will appeal the ruling, according to his lawyer Muhammad Shafee Abdullah.The sentencing of the former prime minister was being watched closely. Najib was widely expected to appeal the verdict, but the swift, guilty verdict in the first case was a major victory for the new government.The case stems from allegations that Najib looted 1MDB of billions of dollars, initiated by Swiss prosecutor Dieter Neupert in 2015.Aside from being hit by a slew of charges, the main political opposition party he led was dissolved for unspecified reasons in February this year, leaving Najib without a political base.“The conviction of the former prime minister is a victory for justice, showing that no one is above the law,” said Cathal Gilbert, a former Malaysia head of mission for the ICJ, a human rights group in Kuala Lumpur.Under Malaysian law, the country is allowed to seize and freeze the assets of those suspected of wrongdoing, especially high-ranking officials or their businesses.Najib was accused of being the mastermind behind the operation to siphon off tens of millions of dollars from 1MDB, according to evidence given by former executives of the fund and revelations by the media and lawyers.READ: 1MDB officials accused of stealing US$10 million from MalaysiaFormer executives have told Malaysian court that Najib told them which assets to buy, sometimes weeks before they were acquired. They also said he then used his contacts to ensure the purchases were successful.The developers of the luxury apartment complex that included the Regency Park condominium were among the businesses that made multi-million-dollar payments into Najib’s bank account, according to court documents.Swiss prosecutors have said that at least US$4 billion was looted from 1MDB, but Malaysian authorities have said the theft could have been as much as $7.5 billion.