Berita Desk delivers breaking news, politics, business, sports and lifestyle coverage from Malaysia and Southeast Asia — trusted, timely and independent.
The Malaysian Anti-Corruption Commission has arrested a former CEO and CFO in connection with a RM370 million plantation deal, investigating allegations of power abuse and potential misconduct in the transaction.
Malaysia's anti-corruption watchdog has detained two former senior executives accused of misusing their authority during a RM370 million share purchase involving plantation firms linked to a state-owned organisation.
Malaysian investors and fund managers say the MY Value Up initiative shows promise but companies must back strategic announcements with tangible results to attract long-term institutional capital and close the valuation gap with regional peers.
A company director testified in the High Court that he would not have contributed to Bersatu without pressure from a politically connected businessman, disputing the voluntary nature of a RM19.5 million donation linked to the Jana Wibawa project.
A Sessions Court witness testified that Permodalan Nasional Bhd transferred RM20.3 million in two separate transactions to FashionValet Sdn Bhd, marking a key disclosure in ongoing proceedings against the fashion e-commerce platform.
Bursa Malaysia has publicly reprimanded Meridian and fined its executive director for repeatedly missing annual report deadlines, depriving investors of audited financial information for extended periods.
DAP MP Chong Zhemin has rejected PAS Youth's demand that Prime Minister Anwar Ibrahim resign over KWAP's substantial losses from eFishery investments, cautioning against weaponising the corporate governance failure for political gain.
KPMG Australia has appointed John Sams as its new chief executive, replacing interim leader Stan Stavros. The move comes after former CEO Andrew Yates resigned amid allegations of improperly accessing confidential client data to secure audit contracts.
The government takes allegations of 'corporate mafia' infiltrating public institutions very seriously, with a decision on establishing a Royal Commission of Inquiry dependent on the findings of ongoing investigations, according to the Minister in the Prime Minister's Department.
Malaysia's Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said has stressed that investigations into alleged 'corporate mafia' activities must proceed independently and transparently, signalling openness to establishing a Royal Commission of Inquiry if deemed necessary.
Electoral watchdog Bersih claims 34 MPs spanning PKR, PAS, DAP and Umno support establishing a Royal Commission of Inquiry to investigate alleged corporate mafia operations in Malaysia.
A Malaysian businessman has testified that he discovered his elder brother had donated a portion of company funds totalling RM13.7 million to Bersatu political party without his knowledge or approval during former prime minister Muhyiddin Yassin's ongoing corruption trial.
Malaysia's Court of Appeal has unanimously upheld a High Court judgment finding former WCT Bhd deputy managing director Goh Chin Liong and Ara Holdings director Leong Ah Chai liable for insider trading, with the Securities Commission awarded RM5.83 million in total damages.
The director of Nepturis Sdn Bhd has distanced herself from suggestions she served as a conduit for the former Prime Minister Muhyiddin Yassin to secure lucrative government contracts.
Two co-founders of Fullerton Healthcare Corporation have been fined a combined S$160,000 for falsifying entertainment claims worth more than S$211,000. The funds were not for personal gain but to assist a third party.
Australia's financial regulator ASIC has launched a comprehensive review of audit conduct complaints across the Big Four accounting firms after KPMG faced formal investigation for allegedly misusing confidential client information to secure contracts.
A former Kuala Lumpur Kepong Berhad employee has pleaded not guilty to charges of concealing crude palm oil stock records, appearing before Ipoh Magistrate's Court in a case that underscores governance challenges in Malaysia's commodity sector.
Richard White, co-founder of Australian logistics software giant WiseTech Global, has resigned as executive chair effective immediately. The move follows media reports of serious personal allegations and an investigation by the Australian Federal Police.
The Malaysian Anti-Corruption Commission has wrapped up its investigation into HG Power Transmission Sdn Bhd, a unit majority-owned by Rohas Tecnic Bhd, determining no further action is warranted against the company or its leadership.
KPMG Australia has appointed Michael Ebeid as its first independent chairman to rebuild trust following a major audit leak scandal. However, the appointment has drawn sharp criticism from lawmakers questioning his objectivity and prior involvement with the firm.
KPMG Australia has appointed Michael Ebeid, former SBS chief, as its inaugural independent chairman. The move follows serious whistleblower allegations that staff improperly accessed confidential information to secure audit contracts.
The Bhirombhakdi family, owners of Thailand's Singha beer brand, has reaffirmed its opposition to domestic violence while distancing two family branches from an internal agreement involving Sunit Scott. Scott has resigned from all business roles pending legal proceedings.
Australia's government is considering breaking up the Big Four accounting firms and subjecting them to federal oversight, following repeated scandals. Proposals include structural separation of audit and consulting operations and stricter partnership caps.
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A Sessions Court in Kuala Lumpur heard that a former Petronas manager's alleged leaking of sensitive internal documents to Petros may jeopardise ongoing talks between the two state-linked corporations, raising concerns about corporate confidentiality and governance.