Auction starts for fugitive Malaysian financier Jho Low’s $345 million yacht

October 29, 2018 1:47 PM

KUALA LUMPUR (BLOOMBERG) – Malaysia started an auction of financier Low Taek Jho’s US$250 million (S$345 million) luxury yacht that investigators allege was bought with funds embezzled from investment company 1Malaysia Development Bhd.

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Emerging donors in an ever-changing development’s game

In the foreign aid seminar at the International Development Department this week, Professor Amis talked about emerging donors in international development assistance. The emergence of new donors including China, the Arab’s countries and the BRICS bloc (Brazil, Russia, India, China, South Africa) among others in recent years has changed in what I defined as ‘development’s …

The Politics of Sharia Law: Islamist Activists and the State in Democratizing Indonesia

The period of study was 1945-1998. ‘Jakarta Charter’ was not included in the constitution, and a secular constitution for Indonesia was adopted. A ‘new order’ military dictatorship in 1965 saw the perpetuation of the secular-nationalist elites’s domination of the bureaucracy and military. Although movements based on ‘political Islam’ or Islamist movements were convenient allies of …

2024 Indonesian Elections: Promising Future and Emergence of New Leaders

The 2024 Indonesian elections promise to be a significant event, shaping the future of the nation in profound ways. As we approach this pivotal moment, let’s explore the various aspects that are likely to characterize this election. Political Landscape and Key Parties The presence of several influential parties marks Indonesia’s diverse political landscape. The PDI-P …

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