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New Straits Times
22-07-2025
- Business
- New Straits Times
RM169m forfeiture case tied to Ismail Sabri set for hearing in October
KUALA LUMPUR: The RM169 million forfeiture proceedings linked to former prime minister Datuk Seri Ismail Sabri Yaakob are scheduled to be heard at the Sessions Court this October. Judge Suzana Hussin fixed the date after lawyers representing Ismail and his former political secretary, Anuar Yunus, told the court that they would challenge the application filed by the Malaysian Anti-Corruption Commission (MACC) earlier this month. Lawyer Datuk Amer Hamzah Arshad said the respondents have requested three weeks to file their affidavits. The deputy public prosecutor (DPP) is expected to respond by Sept 3, he added. "The court has fixed Oct 1 for hearing, during which further instructions will be given regarding the filing of written submissions," he said via WhatsApp. Ismail was also represented by lawyers Ragunath Kesavan and Jason Anthony, while DPPs Ifa Sirrhu Samsudin and Alis Izzati Aumin Mohd Rusdi represented the government. The application was made under Section 41(1) of the MACC Act after the commission was satisfied that the funds were owned by Ismail Sabri but kept by Anuar. The funds, the commission said, was linked to an offence under Section 36(2) of the act. The funds that MACC is seeking to forfeit, which were earlier seized from Anuar, comprise RM14,772,150; S$6,132,350; US$1,461,400; three million Swiss Francs; €12,164,150; ¥363 million; £50,250; NZ$44,600; 34.75 million dirham and A$352,850. MACC is also asking for the declaration of other orders deemed fit by the court. On July 3, MACC Chief Commissioner Tan Sri Azam Baki said the assets, which have already been seized, would be forfeited to the government if the court rules in its favour. Azam had said if Ismail Sabri, the Bera member of parliament, chooses to contest the forfeiture, the case would proceed to trial. On June 25, it was reported that MACC was planning to forfeit RM177 million in cash and assets linked to a probe into alleged corruption and money laundering involving Ismail Sabri. In March, MACC seized about RM170 million in cash, held in various foreign currencies, along with 16kg of gold bullion worth around RM7 million, following investigations into the case. MACC confirmed that the operation involved raids at multiple locations, including residences and three other premises believed to be used as "safehouses" following the arrests of four senior officers who served under Ismail during his tenure as the ninth prime minister.
![[UPDATED] MACC seeks to forfeit more than RM169 million linked to Ismail Sabri](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2Fmacclogos_1751882258.jpg&w=3840&q=100)
New Straits Times
07-07-2025
- Business
- New Straits Times
[UPDATED] MACC seeks to forfeit more than RM169 million linked to Ismail Sabri
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) today yesterday filed a notice of application at the Sessions Court to forfeit more than RM169 million linked to former prime minister Datuk Seri Ismail Sabri Yaakob. The MACC, in its notice of application, named Ismail Sabri's former political secretary Datuk Mohammad Anuar Mohd Yunus as the first respondent. Ismail Sabri was named as the second respondent. The application was made under Section 41(1) of the MACC Act after the commission was satisfied that the funds were owned by Ismail Sabri but kept by Anuar. The funds, the commission said, was linked to an offence under Section 36(2) of the act. The funds MACC is seeking to forfeit, earlier seized from Anuar, are RM14,772,150; S$6,132,350; US$1,461,400; three million in Swiss Francs; €12,164,150; ¥363 million; £50,250; NZ$44,600; 34.75 million dirhams; and, A$352,850. The MACC is also asking for the declaration of other orders deemed fit by the court. On July 3, MACC Chief Commissioner Tan Sri Azam Baki had said the assets, which have already been seized, would be forfeited to the government if the court rules in its favour. Azam had said if Ismail Sabri, the Bera member of parliament, chooses to contest the forfeiture, the case would proceed to trial. On June 25, it was reported that the MACC was planning to forfeit RM177 million in cash and assets linked to a probe into alleged corruption and money laundering involving Ismail Sabri. In March, the MACC seized about RM170 million in cash, held in various foreign currencies, along with 16kg of gold bullion worth around RM7 million, following investigations into alleged corruption and money laundering linked to Ismail Sabri. MACC confirmed that the operation involved raids at multiple locations, including residences and three other premises believed to be used as 'safehouses' following the arrest of four senior officers who served under Ismail during his tenure as the ninth prime minister.
Daily Mirror
27-06-2025
- Daily Mirror
British tourist goes to Switzerland supermarket and is floored by the prices
A British mum decided to check out a supermarket in Switzerland, after she and her family packed up their life in the UK to travel the world, and showed how different the prices of groceries are We're all familiar with how much the prices have gone up in British supermarkets with weekly food shops getting more and more expensive but we've learnt to accept this and carry on buying the groceries we need. When going on holiday or travelling to a new country, it's common to look at the prices of everyday items and compare them to the UK. A family-of-five left the UK to travel the world and have been documenting their journey on TikTok where they are known as Fitch Family Adventures. The mum, who is not named, shared a video giving a tour of a supermarket in Switzerland and showed that the prices are even more expensive than in Britain. Switzerland is generally considered an expensive country, especially for tourists, with the cost of living, including accommodation, food and transport, being significantly higher than in many other European countries. The Brit mum said: 'We are in Switzerland and we're about to go into the supermarket so I thought I'd show you how much some of the shopping costs here as it is known for being really, really expensive.' She found a pack of Bio Tomaten Marzanino tomatoes for 4.95 Swiss Francs, equal to £4.52. Then she had a look at the ready-made salads and found a caesar salad with caesar dressing for 6.80 Swiss Francs, which is £6.20, and another mixed salad with cucumber and red cabbage for 7.20 Swiss Francs, equal to £6.57. Next, the British tourist spotted a variety of pizzas with toppings like black olives and deli meat for 12 Swiss Francs, which is £10.94. After this she explored the sweet treats offerings and found a pack of four Munz ladybug chocolates for 4.75 Swiss Francs, equal to £4.33. There was also a 186g box of Celebrations for 3.95 Swiss Francs (£3.60), a pack of Kinder Bueno chocolate bars for 2.80 Swiss Francs (£2.55), six packs of Smarties priced at 4.75 Swiss Francs (£4.33) and a Toblerone five pack with each bar weighing 100 grams, on sale for 13.20 Swiss Francs (£12.04). Moving onto the bakery section, the mum saw a pack of crusty bread rolls for 3.10 Swiss Francs (£2.83) which she thought was 'not too bad.' Finally, she checked out the price of a pack of A4 paper, explaining that her children wanted to do some drawing, and found 500 sheets for 11.95 Swiss Francs, equal to £10.90. One TikTok user asked: 'How do people afford to live there?', to which The Fitch family replied: 'We definitely found it difficult to afford things as tourists.' Switzerland is home to the supermarket chains Migros, Co-op, Denner, Aldi and Lidl but there are also higher end supermarkets, such as Manor Food and Globus. International moving and relocation company Packimpex explains on its website that salaries in Switzerland in sectors like finance, healthcare and IT are often higher than the European average, leading to increased costs for essentials, as well as luxuries, It adds: 'The Swiss Franc, one of the world's strongest currencies, further contributes to the high cost of living. This robust currency makes imported goods, which account for a significant portion of the market, more expensive. 'Everyday items such as groceries, clothing, and electronics often cost more than in neighbouring countries due to currency valuation and steep import duties.'
Time of India
26-05-2025
- Business
- Time of India
Drools turns unicorn after Nestle picks up minority stake
MUMBAI: Swiss consumer goods giant Nestle S.A has picked up a minority stake in Indian pet food startup Drools. The Bengaluru-based company did not disclose the specifics of the deal but said that it has been valued at $1 billion post the investment, joining the ranks of unicorn startups. 'This is a financial investment by the company and Drools will remain strategically as well as operationally independent,' Nestle said in a statement on Monday, without elaborating further. Nestle's investment in Drools comes at a time when the broader pet food and pet care space in India is seeing a surge in growth led by an expanding crop of millennial and Gen Z pet parents who do not mind paying more to provide quality nutrition and care for their pets. Nestle has a large pet care (includes pet food) business (operates under master brand Purina) which made up about 20.7% of the company's total sales in 2024. The pet care business recorded sales of 18.9 billion Swiss Francs during the year, according to its annual report. Purina Petcare was launched in India as a separate entity in 2017; in 2022, Nestle India acquired the pet foods business of Purina Petcare India for Rs 123.5 crore. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Click Here - This Might Save You From Losing Money Expertinspector Click Here Undo In India, companies like Godrej Consumer Care have also forayed into the pet care market of late. Backed by L Catterton, Drools competes with a mix of global and local pet food brands in India including Mars PetCare and Heads Up For Tails. Drools had last raised $60 million from L Catterton in June 2023. The company will use portions of the investment to expand in a growing market. Founded in 2010, Drools products are distributed across more than 40,000 retail outlets and exported to 22 countries. Drools is the fourth unicorn of the year after Netradyne, Porter and JSW One. 'Backed by a strong focus on science-based nutrition, Drools continues to drive innovation and build meaningful engagement with the evolving demographic of Indian pet parents, positioning itself at the forefront of the country's pet care industry,' Fahim Sultan, founder at Drools said. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Fox News
30-04-2025
- General
- Fox News
Teens discover beach message in bottle written decades ago: 'No name or address'
A message in a bottle sent by staff or students from a school that no longer exists has washed up on a beach, news agency SWNS reported — and was promptly found by a group of young people. Hedda Traa Haukom was on the beach in Ny-Hellesund in the south of Norway with her cousins when they discovered the message in a bottle. "We stumbled on a bottle with a piece of paper inside," Haukom, 14 years old, told the news outlet. "It was located 10 meters from shore, under a rock. The bottle looked pretty old, so we decided to open it and read the note." "There was no name, year or address on the note or bottle itself," Haukom told SWNS. The message said: "To the finder, Please return this bottle to Bolton County Grammar School, Bolton, Lancashire, England. And they will receive one pound or the equivalent in Francs. Written on the Channel Boat. Thank you!" Although it is unclear exactly when the note was written, the Bolton County Grammar School changed its name in 1982 — making the note at least 42 years old. The note may have been dropped from a ferry as the young people were making their way to France on a school trip, the group surmised. "It would be really fun to find whoever wrote the message and let them know we got it and how far it traveled over so many years," Haukom said. Bolton County Grammar School first opened in 1881 as Bolton Higher Grade School. The school moved to a single site on Great Moor Street in 1897, and in 1947 the building became Bolton County Grammar School. In 1966, the school was moved to Breightmet, maintaining its status as a grammar school. In 1982, it changed its name once again to Withins School. Withins then closed in 2009 and a new school, Bolton St. Catherine's Academy, opened on the same site in its place. This isn't the first time a bottled piece of history has made its way into modern-day headlines. In Sept. 2024, archaeology students working in Normandy discovered a salt bottle – complete with a handwritten note – inside a clay pot, Smithsonian Magazine reported. "P.J. Féret, a native of Dieppe, a member of various intellectual societies, carried out excavations here in January 1825," the note said. Another message, this time in an old Pepsi bottle, washed ashore in Massachusetts earlier this April, according to WCVB in Boston. Two brothers, Clint and Evan Buffington, discovered the note while combing the beach. For more Lifestyle articles, visit The note, written in 1976 by then-14-year-old Peter R. Thompson from West Newbury, Massachusetts, as part of an oceanography class, said, "I'm a 9th-grade student from Pentucket Regional Junior High School." The brothers ended up connecting with Thompson over the phone. They hope to get the letter back to its writer soon, wrote WCVB.
