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Tuesday, 15 November 2016

Former CEO of a government-linked company (GLC) picked up by MACC over corruption and abuse of power involving a sum of RM50mil


MACC detains former CEO of GLC for corruption involving RM50mil
THE STAR






PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has picked up a former CEO of a government-linked company (GLC) over corruption and abuse of power involving a sum of RM50mil.

The suspect, aged 50, who is a "Datuk" was detained by a team of MACC officers at his house in Shah Alam at about 12.30pm Monday.

He had been taken to the MACC headquarters in Putrajaya to have his statement recorded.

The suspect is expected to be remanded on Tuesday to assist in the probe.

It is learnt the MACC had frozen several bank accounts belonging to the suspect and several family members.

The amount involved in the accounts were said to be worth RM39.3mil, believed to be derived from kickbacks over projects given out when he was the CEO of the GLC.

He resigned last year but was appointed a director in another GLC.

MACC deputy chief commissioner (operations) Datuk Azam Baki confirmed the arrest.
Last week, the MACC detained a 56-year-old general manager of a GLC at his house in Seremban to assist in a corruption probe.


During the raid, cash amounting to RM30,000, two cars – an Audi TT and a Toyota Hilux – and a Harley Davidson bike were seized while several bank accounts containing RM2.5mil were frozen.

Also picked up were a managing director and a chief executive officer – both aged 51 – of two companies. One of them is a Datuk.

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