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Minister Of Finance (Incorporated) (Malaysia)
Minister of Finance (Incorporated) (abbreviation: MoF (Inc.); ) is a body corporate under the name of the Minister of Finance of Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre .... Established under the Minister of Finance (Incorporation) Act 1957, the Act provides the authority for MoF (Inc.) to enter into contracts, acquisitions, purchases, possessions, holdings and maintains tangible and intangible assets. See also * 1Malaysia Development Berhad * 1Malaysia Development Berhad scandal References External linksMinistry of Finance Malaysia Government-owned companies of Malaysia Privately held companies of Malaysia {{malaysia-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abbreviation
An abbreviation () is a shortened form of a word or phrase, by any method including shortening (linguistics), shortening, contraction (grammar), contraction, initialism (which includes acronym), or crasis. An abbreviation may be a shortened form of a word, usually ended with a trailing period. For example, the term ''etc.'' is the usual abbreviation for the list of Latin phrases, Latin phrase . Types A ''Contraction (grammar), contraction'' is an abbreviation formed by replacing letters with an apostrophe. Examples include ''I'm'' for ''I am'' and ''li'l'' for ''little''. An ''initialism'' or ''acronym'' is an abbreviation consisting of the initial letter of a sequence of words without other punctuation. For example, Federal Bureau of Investigation, FBI (wiktionary:FBI#Pronunciation, ), United States, USA (wiktionary:USA#Pronunciation, ), IBM (wiktionary:IBM#Pronunciation, ), BBC (wiktionary:BBC#Pronunciation, ). When initialism is used as the preferred term, acronym refers mor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Body Corporate
In law, a legal person is any person or legal entity that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "''legal'' person" is that some legal persons are not human persons: companies and corporations (i.e., business entities) are ''persons'', legally speaking (they can legally do most of the things an ordinary person can do), but they are not, in a literal sense, human beings. Legal personhood is a prerequisite to legal capacity (the ability of any legal person to amend – i.e. enter into, transfer, etc. – rights and obligations): it is a prerequisite for an international organization being able to sign international treaties in its own name. History The concept of legal personhood for organizations of people is at least as old as Ancient Rome: a variety of collegial institutions enjoyed the benefit under Roman law. The doctrine has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (Malaysia)
The Minister of Finance (or simply, Finance Minister) (; Jawi: ) is the head of the Ministry of Finance of the Government of Malaysia. One of the senior posts in the Cabinet of Malaysia, the finance minister is responsible for determining the fiscal policy and managing national budget of the government. The Minister of Finance has been Prime Minister Anwar Ibrahim Anwar bin Ibrahim (; born 10 August 1947), also known by his abbreviation as DSAI and PMX, is a Malaysian politician who is the 10th prime minister of Malaysia since 2022. A member of the People's Justice Party (Malaysia), People's Justice P ... since 3 December 2022. He previously served his first term from 1991 to 1998. List of the ministers of finance The following individuals have been appointed Minister of Finance, or any of its precedent titles: Political party: References {{Malaysian federal ministerial portfolios Ministry of Finance (Malaysia) Lists of government ministers of Malaysia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia on the Mainland Southeast Asia, Indochinese Peninsula and East Malaysia on the island of Borneo. Peninsular Malaysia shares land and maritime Malaysia–Thailand border, borders with Thailand, as well as maritime borders with Singapore, Vietnam, and Indonesia; East Malaysia shares land borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the country's national capital, List of cities and towns in Malaysia by population, largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government, while Putrajaya is the federal administrative capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1Malaysia Development Berhad
1Malaysia Development Berhad (1MDB; ) is an insolvent Malaysian strategic development company, wholly owned by the Minister of Finance (Incorporated). In 2015, the company became the subject of a major international corruption scandal, with evidence pointing to money laundering, fraud, and theft. A lawsuit filed by United States Department of Justice (DOJ), alleged that at least US$3.5 billion has been stolen from Malaysia's 1MDB state-owned fund. US attorney-general Jeff Sessions had described it in an international conference as "kleptocracy at its worst". In September 2020, the alleged amount stolen had been raised to US$4.5 billion and a Malaysian government report listed 1MDB's outstanding debts to be at US$7.8 billion. The scandal implicated Malaysian prime minister Najib Razak, contributing to the 2018 election loss of his party and his eventual trial and imprisonment. As of 6 August 2022, in an ongoing effort to fight global kleptocracy, the U.S. Department of J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1Malaysia Development Berhad Scandal
The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme. Although it began in 2009 in Malaysia, the scandal's global scope implicated institutions and individuals in politics, banking, and entertainment, and led to criminal investigations in a number of nations. The 1MDB scandal has been described as "one of the world's greatest financial scandals" and declared by the United States Department of Justice as the "largest kleptocracy case to date" in 2016. A 2015 document leak reported in ''The Edge'', '' Sarawak Report'', and ''The Wall Street Journal'' showed that Malaysia's then-Prime Minister Najib Razak had channeled over RM (about US$) into his personal bank accounts from 1MDB, a governmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (Incorporated) (Malaysia)
Minister of Finance (Incorporated) (abbreviation: MoF (Inc.); ) is a body corporate under the name of the Minister of Finance of Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre .... Established under the Minister of Finance (Incorporation) Act 1957, the Act provides the authority for MoF (Inc.) to enter into contracts, acquisitions, purchases, possessions, holdings and maintains tangible and intangible assets. See also * 1Malaysia Development Berhad * 1Malaysia Development Berhad scandal References External linksMinistry of Finance Malaysia Government-owned companies of Malaysia Privately held companies of Malaysia {{malaysia-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Malaysia
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
