Firefly's Wings Clipped in Aviation Impasse
from Today's BizTalk Hosted by Morning Run
Fugitive financier Jho Low and four others have been charged in absentia by the KL Magistrates Court with criminal breach of trust and money laundering offences. We explore the events leading up to these charges, which form yet another piece of the trail of corruption left by the 1MDB scandal. 4:58 - Firefly has suspended all flights to Singapore, pending approval from Malaysia's Civil Aviation Authoritty. 9:30 - Tabung Haji looks likely to unveil a turnaround plan which will involve an SPV buying-out its underperforming assets
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