Firefly's Wings Clipped in Aviation Impasse

The Morning Run Crew

05-Dec-18 07:45

Firefly's Wings Clipped in Aviation Impasse

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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

Presented by: Joyce Goh, Julian Ng

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Categories: Business Analysis, Auto, Personal Finance, Investments, Financial Literacy, Politics, Law and Legal Matters, Trends and Forecasts, Markets, Social Issues, Travel

Tags: 1MDB, Jho Low, KL Magistrates Court, Bribery, Firefly, Aviation, Singapore, Tabung Haji, SPV, Debt,

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