SINGAPORE (The Straits Times/Asia News Network): The only woman accused in the S$2.8 billion money laundering case is said to have lived on Sentosa while her 15-year-old daughter lived with a maid in Beach Road.
GEORGE TOWN: Although the Penang Development Corporation has called off the land deal in Batu Kawan, Chief Minister Chow Kon Yeow has criticised a prominent businessman for his alleged failure to understand business.
Tan described Chow as"shameless" and"incompetent" for being unable to address the questions related to the land sale. The PCCC alleged that the current market price of the industrial land was RM80 per sq ft and questioned the sales price and the four-year term payment.On Monday, the PDC board announced that it has decided to terminate the joint-venture agreement with UMECH Land following calls to suspend the controversial sale of the PDC-owned land in Seberang Prai Selatan.
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