AMONG the headlines for Friday, 2 July, 2021, the Ministry of Financed (MOF) on Friday said it had received the first payment of 1.8 billion ringgit from banking group AMMB Holdings Berhad (AmBank), as part of a settlement deal related to multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB).

In a statement, MOF said the remaining payment of 1.03 billion ringgit will be settled in December 2021 and July 2022.


Also, India has confirmed 400,000 deaths from COVID-19, half of them in the past two months alone, as the virulent Delta variant infects hundreds of thousands daily.

The health ministry said 853 people died in the past 24 hours, raising the total fatalities to 400,312 since the pandemic began.

Less than 5% of India’s people are fully immunised. More than 340 million doses have been administered since mid-January.

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