Adani's legal team pushes for formal dismissal of US criminal charges
Gautam Adani's legal team has asked a Brooklyn judge to formally dismiss criminal charges following the US Justice Department's decision to drop the prosecution last month.
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KPMG Australia Loses Chairman and Two Partners in Audit Scandal Fallout
KPMG Australia's chairman and two senior audit partners have resigned over a whistleblower scandal involving the alleged misuse of confidential client information to secure audit contracts, marking further leadership upheaval at the firm.
KPMG Australia Undergoes Major Leadership Overhaul Following Whistleblower Scandal
KPMG Australia is implementing sweeping leadership changes after whistleblowers alleged the firm improperly used confidential client data to win new business, signalling serious governance concerns.
Uber Board Faces Shareholder Lawsuit Over Systemic Compliance Failures and Sexual Abuse Claims
Shareholders have initiated legal action against Uber's board of directors, claiming management ignored repeated warnings about sexual assault by drivers and failed to address disability discrimination, resulting in thousands of lawsuits and significant reputational damage.
111 investors pursue legal action against QEW Group over RM20.45 million investment losses
Over 111 investors have initiated legal proceedings against QEW Group Bhd and its directors, seeking recovery of RM20.45 million invested through the firm's shariah-compliant investment scheme.
GIIB Holdings appoints founder Tai Boon Wee as non-executive chairman following MACC clearance
GIIB Holdings Bhd has named founder Tai Boon Wee as its non-executive chairman following clearance from Malaysia's anti-corruption authorities, marking a significant leadership transition.
KPMG Australia Suspended from New Federal Work Bids Until September
Australia's finance department has barred KPMG from pursuing new federal government contracts until the end of September following serious allegations that the firm improperly accessed and used confidential client information.
GLICs to Support MY Value Up Companies as Malaysia Prioritizes Quality Over Size
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi outlined Malaysia's new capital market direction, emphasizing quality metrics over growth volume while government-linked institutional investors champion the shift.
EPF, PNB and KWAP to channel funds towards MY Value Up companies
Malaysia's largest institutional investors—EPF, PNB and KWAP—will direct capital towards companies meeting MY Value Up standards, rewarding better governance and transparency.
ASIC Launches Formal Investigation Into KPMG Australia Partners Over Audit Leak Scandal
Australia's corporate regulator ASIC has opened a formal investigation into three KPMG Australia partners following whistleblower allegations that the firm improperly used confidential client information to win major audit contracts.
Wong Chen Questions Abrupt Exit as MDV Chairman
Subang Member of Parliament Wong Chen has challenged his unexpected departure from Malaysia Debt Ventures Bhd, questioning the timing given recent improvements in the firm's operations.
KPMG Australia CEO and Audit Chief Step Down Following Whistleblower Probe
Two senior executives at KPMG Australia have resigned following a whistleblower investigation that the firm determined did not meet its standards.
Indian Court Blocks Singaporean Directors in Joint Venture Row Over Temasek-Linked Ventures
An Indian court has issued a restraining order against two Singaporean brothers in a dispute over a joint venture linked to Temasek-backed projects, citing governance failures and financial concerns.
Dual-Class Shares: How Founders Retain Control While Going Public
SpaceX's IPO filing has renewed scrutiny of dual-class share structures that let founders like Elon Musk maintain control despite being public. The debate pits governance concerns against founder vision.
TM maintains full support for US Justice Department inquiry into former employees
Malaysian telecommunications company TM says it is extending full cooperation with the US Department of Justice regarding an investigation into former employees. The company conducted its own internal probe that resulted in dismissals.
MACC Investigates Two Individuals in IJM Corporation Share Acquisition
The Malaysian Anti-Corruption Commission has opened investigation files against two individuals regarding Sunway's voluntary acquisition of IJM Corporation. The probe comes as authorities examine details surrounding the corporate transaction.
MACC Investigates Two Individuals Over IJM Takeover Proposal
The Malaysian Anti-Corruption Commission is investigating two individuals linked to a proposed share acquisition of IJM. MACC chief Abd Halim Aman acknowledged the transaction itself adhered to legal and regulatory requirements.