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Jersey promoted to World League Four with win over Cayman Islands

From BBC Jersey has clinched promotion from World Cricket League Division Five after a comprehensive 122-run win over Cayman Islands. The victory was Jersey’s fourth in a row at the tournament in Malaysia and guaranteed that the Channel Islanders will…

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Don’t send bank details via email warns Cayman police The Royal Cayman Islands Police Service’s (RCIPS) Financial Crime Unit have warned the public not to send their bank details over email after hackers have once again tried to raid Cayman…

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2-Power project win for Malaysia’s 1MDB bolsters IPO prospects

By Yantoultra Ngui and Saeed Azhar KUALA LUMPUR/SINGAPORE, Feb 28 (Reuters) – A planned $2 billion IPO of Malaysia Development Bhd’s (1MDB) power assets got a major boost on Friday after the sovereign wealth fund won a closely contested government…

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‘1MDB must explain Cayman Islands fund’

From malaysiakini National sovereign wealth fund 1Malaysia Development Bhd (1MDB)’s failure to file its audited accounts for the financial year ending March 2013 with regulators has raised questions over its transparency. Petaling Jaya Utara MP Tony Pua (right) said this…

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Highlight: Why has 1MDB parked RM7.5b in Cayman Islands?

By M Shanmugam of Until 1Malaysia Development Bhd (1MOB) explains why It has put US$2.318 billion (RM7.55 billion) In a fund in the Cayman Islands, the government-funded investment unit will continue to come under scrutiny. Considering that the principal…