Company director, law firm owner detained over RM38mil investment case, says MACC

KUALA LUMPUR: The Malaysian Anti-Corruption Commission has arrested a company director and a law firm owner on suspicion of submitting false information related to foreign currency investments, totalling approximately RM38mil.

Sources indicate that the two men, both in their 50s, are suspected of submitting false information, including investment plans, insurance protection schemes and weekly reports, said to have taken place in 2020. The suspects were apprehended while giving their statements at the MACC Headquarters and the MACC office in Seberang Prai, Penang at around 5pm on Monday .

Following their arrest, the suspects were brought before the Putrajaya Magistrate's Court and a two-day remand order was issued starting Wednesday . Meanwhile, when contacted, MACC Investigation Division senior director Datuk Seri Hishamuddin Hashim confirmed the arrests, adding that the case is being investigated under Section 18 of the MACC Act 2009. - BernamaComply with new rules of Saudi govt, says Tabung Haji to pilgrims

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Water company CEO and company owner remanded to assist Johor MACC in ongoing graft probeJOHOR BARU, May 1 — A water company chief executive officer and a company owner have been remanded for three days starting today to facilitate an ongoing graft investigation by...
Source: malaymail - 🏆 1. / 86 Read more »

MACC: Company director, law firm owner detained in Penang over RM38m investment caseKUALA LUMPUR May 8 — The Malaysian Anti-Corruption Commission (MACC) has arrested a company director and a law firm owner on suspicion of submitting false information related to...
Source: malaymail - 🏆 1. / 86 Read more »

Johor MACC arrests water company CEO and business owner over alleged kickbacks in ongoing probeJOHOR BARU, May 1 — A water company chief executive officer (CEO) and a company owner are the latest to be arrested by the Johor Malaysian Anti-Corruption Commission (MACC) in...
Source: malaymail - 🏆 1. / 86 Read more »

MACC detains two water supply company officers over alleged briberyJOHOR BAHRU: The Malaysian Anti-Corruption Commission (MACC) has detained two high-ranking officers of a water supply company in the state on suspicio...
Source: theSundaily - 🏆 25. / 51 Read more »

Water supply company CEO, company owner remanded over graft probeJOHOR BAHRU: A water supply company chief executive officer and a company owner have been remanded for three days starting today to facilitate an ongo...
Source: theSundaily - 🏆 25. / 51 Read more »