Latest news with #loan
Free Malaysia Today
4 hours ago
- Free Malaysia Today
Delivery driver jailed for cheating bank into funding iPhone purchase
The Kuala Lumpur magistrates' court convicted Salman Abdullah of conspiring with a woman to deceive a bank officer into approving a loan for RM8,329. KUALA LUMPUR : A delivery driver has been sentenced to one year in prison by the magistrates' court for conspiring with an accomplice to defraud a bank into approving a micro loan to purchase a phone. Magistrate Illi Marisqa Khalizan also sentenced Salman Abdullah to one stroke of the rotan after he pleaded guilty to a charge under Section 420 of the Penal Code involving cheating and dishonestly inducing the delivery of property. She also ordered that his jail sentence begin immediately. The offence took place on Feb 1 at the bank's Jalan Peel branch, where Salman conspired with a 32-year-old woman to deceive a bank officer into approving a loan for RM8,329 for the purchase of an iPhone 16 Pro. Salman admitted to submitting falsified identity card details and forged payslips as supporting documents. Earlier, lawyer Edwin Tomas from the National Legal Aid Foundation told the court that Salman was remorseful of his action. He said Salman is currently serving jail time for another offence in Kajang prison. Deputy public prosecutor Syafika Azwa Fikri urged the court to impose a deterrent sentence.
Argaam
a day ago
- Business
- Argaam
First Mills secures SAR 69M loan from SIDF
First Mills Co. signed a SAR 69.4 million financing agreement with the Saudi Industrial Development Fund (SIDF) to support capital expenditures for upcoming projects and drive the company's expansion, it said in a filing to Tadawul. The loan will be repaid in 12 equal semiannual installments, starting Feb. 15, 2027, and ending Aug. 15, 2032, following a grace period. First Mills said it issued an irrevocable bank guarantee from a local bank approved by the Saudi Central Bank (SAMA), covering the full loan amount. The company added that any material developments related to the SIDF facility will be announced in accordance with applicable regulations.
Yahoo
a day ago
- Sport
- Yahoo
Gossip: Cashin expected to leave Brighton on loan
Former Derby County centre-back Eiran Cashin could be set to leave Brighton on loan for the 2025-26 campaign with Bundesliga clubs reportedly interested, though a move to a Championship side has not been ruled out. (Derby Telegraph) Want more EFL transfer rumours? Check out Thursday's full gossip column Follow the gossip column on BBC Sport
Yahoo
a day ago
- Sport
- Yahoo
🤝Valencia reach agreement for Agirrezabala
The top priority for the Che team in this transfer market is to strengthen the goalkeeping position, and the good news arrived this morning. According to information from Tribuna VCF, Valencia already has a full agreement with Julen Agirrezabala. Athletic accepts the loan of the goalkeeper, and now, the two teams are negotiating the value of the possible purchase option. Advertisement At this moment, the documents for the operation have already started to be exchanged, and the announcement could be made in the coming hours. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Ion Alcoba Beitia - 2025 Getty Images
BBC News
a day ago
- Sport
- BBC News
Gossip: Cashin expected to leave Brighton on loan
Former Derby County centre-back Eiran Cashin could be set to leave Brighton on loan for the 2025-26 campaign with Bundesliga clubs reportedly interested, though a move to a Championship side has not been ruled out. (Derby Telegraph), external Want more EFL transfer rumours? Check out Thursday's full gossip columnFollow the gossip column on BBC Sport
