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5 Bank Negara warning letters on Tabung Haji to be referred to PM, cabinet

KUALA LUMPUR: Proposals to release five Bank Negara Malaysia warning letters and other documents linked to the Royal Commission of Inquiry (RCI) report on Tabung Haji will be referred to the prime minister and cabinet.

5 Bank Negara warning letters on Tabung Haji to be referred to PM, cabinet

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Israel, Venezuela open up consular relations for first time in 17 years

The move creates an official channel of coordination between Israel and Venezuela, which have not maintained diplomatic relations since 2009.

  • Israel and Venezuela reestablish consular relations after 17-year break
  • Foreign Ministers Gideon Saar and Félix Plasencia brokered talks
  • Coordination mechanism to facilitate consular services for citizens

Unfunded municipal budgets: Councils promise, residents pay dearly

An unfunded budget is not a misfortune that befell a municipality. It is a council voting to spend money it knows will not arrive. Last year, 116 councils did it.

  • 116 South African municipalities adopted unfunded budgets last year.
  • Municipalities committed R288.17 billion they knew would not arrive.
  • Unfunded budgets cause dire consequences for residents and infrastructure.