MACC: Company director, law firm owner detained in Penang over RM38m investment case

In SRC’s US$1.1b suit against Najib, ex-director says former PM blaming him and board for RM3.6b loss is an ‘afterthought’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.

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 yesterday.

Following their arrest, the suspects were brought before the Putrajaya Magistrates’ Court and a two-day remand order was issued, starting today.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. — Bernama

Malaysia Malaysia Latest News, Malaysia Malaysia 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 »

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 »

Penang water company says on high alert after Sungai Muda drops below safe levelGEORGE TOWN, April 18 — The Penang Water Supply Corporation (PBAPP) is on high alert after Sungai Muda measured at 1.61m at the Lahar Tiang intake yesterday, which is below the...
Source: malaymail - 🏆 1. / 86 Read more »

Penang water company says supply as usual in Air Itam despite dam at 30pc capacityGEORGE TOWN, April 16 — Water supply services are still normal in the Air Itam service area although the effective capacity of the Air Itam Dam is at 30.3 per cent, said the...
Source: malaymail - 🏆 1. / 86 Read more »