MACC raids Maika offices

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PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) raided the office of MIC’s investment arm, Maika Holdings, in Klang and other offices linke...

: The Malaysian Anti-Corruption Commission raided the office of MIC’s investment arm, Maika Holdings, in Klang and other offices linked to the company today.The raids were conducted after a report was lodged by a whistle-blower several weeks ago.

However, sources revealed that the MACC is in the midst of examining the seized documents to ascertain if there were elements of corruption and power abuse in the alleged losses suffered by the investment arm.

 

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